Fruit Grower Cleared To Leave Ch. 11 With $43M Exit Loan

By Clara Geoghegan · March 28, 2024, 7:23 PM EDT

California stone fruit producer Prima Wawona is set to wind down its packing and distribution division, hand ownership of the reorganized company to creditors and leave bankruptcy after a Delaware bankruptcy...

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Bankruptcy Scorecard

Summary

Stone fruit producer Prima Wawona hit Chapter 11 with over $1 billion in debt seeking a sale or a deal to hand control of the business to lenders.

Case Number

23-bk-11721

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Case Information

Case Title

MVK FarmCo LLC

Case Number

1:23-bk-11721

Court

Delaware

Nature of Suit

Date Filed

October 13, 2023