Almond Grower Trinitas Can Sell Ranches For $121M In Ch. 11
By Emily Lever · June 14, 2024, 7:58 PM EDT
The debtor-in-possession lender and unsecured creditors of almond grower Trinitas Farming LLC told a California bankruptcy judge on Friday they had resolved their dispute over Trinitas' liquidation strategy, clearing the way...
A California almond ranch and 18 of its affiliates, which were started by a private equity firm, filed for bankruptcy with plans to use a debtor-in-possession loan to maintain its young orchards while finds buyers for its 17 almond ranches. .
Case Number
24-bk-50211
Judge
Brendan L. Shannon
Venue
U.S. Bankruptcy Court for the Northern District of California