MVK FarmCo LLC

  1. December 20, 2023

    ​​​​​​​Ex-CEO Blasts Fruit Co.'s Ch. 11 Plan Disclosures

    A company owned by the former CEO of Prima Wawona objected to the California peach producer's Chapter 11 plan disclosure statement this week, telling a Delaware bankruptcy court the disclosure ignores the ex-executive's claims that the stone fruit grower's current majority owner is responsible for its bankruptcy.

  2. December 15, 2023

    Fruit Grower Gets 2 Weeks Cash While It Alters Ch. 11 Budget

    Stone fruit producer Prima Wawona Friday got permission from a Delaware bankruptcy judge for two more weeks of lender cash use after saying it is negotiating for the financing the company will need to finish out what has become a liquidation case.

  3. December 14, 2023

    Creditors Fear Fruit Grower's Admin Costs Won't Be Covered

    The official committee of unsecured creditors for Prima Wawona urged a Delaware bankruptcy judge this week to deny the stone fruit producer final approval to continue using lender cash, saying the company should first set out a budget covering administrative expenses and wind-down claims.

  4. December 08, 2023

    Bankrupt Fruit Grower Cancels Auction With No Proper Bid

    Stone fruit producer Prima Wawona decided to cancel the auction scheduled for Friday to sell its assets for its Chapter 11 bankruptcy case, after not receiving any bids that met the requirements under the bidding procedure.

  5. October 16, 2023

    Bankrupt Fruit Grower Seeks Quick Ch. 11 As Cash Runs Low

    Stone fruit producer Prima Wawona told a Delaware bankruptcy judge Monday that it will be seeking either a quick Chapter 11 sale or an equitization of its more than $678 million in debt, saying it expects to run out of cash to operate by January.

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