Cancel OK

Stone fruit giant Prima Wawona plans to liquidate

- General News
Prima Wawona Cutler, CA, plans to liquidate and has given employees 60-day termination notices, according to recent court filings.

UPDATE: Trinity withdraws motion against Prima Wawona

- General News
On November 3, Trinity Fruit Company, Inc. argued that the expedited sale prevents Trinity from receiving payment of $42,790 plus 18 percent annual interest, which it says is guaranteed under the Perishable Agricultural Commodities Act.

Private equity and the fall of California’s largest stone fruit producer

- Analysis
The bankruptcy of Prima Wawona, California’s largest stone fruit producer, sent shocks throughout the industry.

Prima Wawona files Chapter 11 to facilitate sale

- General News
Prima Wawona, the industry's largest producer of stone fruit, today announced that it is transitioning ownership of the Company and recapitalizing the business.

Houston receiver files for Chapter 7 bankruptcy protection

- General News
On August 9, 2023, Texas Produce Co., Inc., Houston, TX., filed a voluntary petition for bankruptcy under Chapter 7 In the United States Bankruptcy Court, Southern District of Texas (Houston) under case number 23-33038. 

Colorado farm files for Chapter 12 bankruptcy protection

- General News
On July 26, 2023, Star Farms, Inc. located in Brighton, CO., filed a petition for bankruptcy under Chapter 12 In the United States Bankruptcy Court District of Colorado (Denver) under case number 23-13320.

Surge Transportation files for Chapter 11 bankruptcy protection

- General News
Jacksonville, FL-based Surge Transportation reportedly owes 1,000 to 5,000 creditors an estimated $10 million to $50 million.

Indoor farming start-up AppHarvest files for Chapter 11 Bankruptcy protection

- General News
The company says it has a commitment from its largest secured creditor for $30 million debtor-in-possession financing, and plans to transfer operations of another farm to Mastronardi Produce in exchange for $3.75 million. Both are subject to approval.

AeroFarms updates bankruptcy restructuring efforts

- General News
In a recent bankruptcy update, AeroFarms says it plans to continue operating, and sell assets to a group of current investors.

Tattooed Chef to seek Chapter 11 bankruptcy protection and asset sale

- General News
Tattooed Chef, Inc., a leader in plant-based foods, announced today that it intends to file for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Central District of California and intends to pursue a sale of substantially all of its assets under Section 363 of the Bankruptcy Code.