Creditors, Lender Agree On Almond Grower's Ch. 11 Loan

By Rick Archer · April 5, 2024, 6:26 PM EDT

The Chapter 11 lender and unsecured creditors of almond grower Trinitas Farming Friday told a California bankruptcy judge they had worked out their disagreements in the final terms for the $30...

To view the full article, register now.

Bankruptcy Scorecard

Summary

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

Capital Structure

Total Liabilities:

$188 million

View Full Scorecard

Case Information

Case Title

Trinitas Advantaged Agriculture Partners IV, LP

Case Number

5:24-bk-50211

Court

California Northern

Nature of Suit

Date Filed

February 19, 2024