Judge Gives One More Day To End Almond Grower DIP Row

By Rick Archer · April 4, 2024, 7:54 PM EDT

A California bankruptcy judge again delayed a final decision on $30 million in Chapter 11 financing for almond grower Trinitas Farming, giving the lender and the company's unsecured creditors another day...

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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

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Related Sections

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

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