When Adams Produce filed for bankruptcy, more than 60 produce companies initially claimed they were owed more than $12 million under the Perishable Agricultural Commodities Act. In October the bankruptcy judge handling the case cleared the way for 48 of those companies to be paid up to $8 million through a claims procedure.
Edwin Adams founded Adams Produce in 1903. The company grew to include distribution centers across the Southeast U.S. The Adams family sold the company to executives and a private equity firm in 2010. The company filed for bankruptcy in 2012, ceasing operations in April.