Latest News From Bankruptcy

Bosch Growers to acquire AppHarvest berry and cucumber farm
Bosch Growers to acquire AppHarvest berry and cucumber farm

As the dust settles in recent Chapter 11 bankruptcy proceedings, a new controlled environment agriculture company from the Netherlands is poised to secure AppHarvest’s 30-acre farm facility in Somerset, Ky.

AeroFarms assets up for auction at Newark farm
AeroFarms assets up for auction at Newark farm

SecondBloom Auctions, a management firm specializing in indoor growing facilities, is auctioning assets from AeroFarms’ vertical farm facility in Newark, N.J., through Sept. 28.

AppHarvest seeks to sell its farms in Chapter 11 filing
AppHarvest seeks to sell its farms in Chapter 11 filing

The indoor grower has secured a financing commitment to support operations at three of its four farms during Chapter 11 bankruptcy proceedings and hopes to maintain operations and employees through transition.

Creditor seeks immediate $47.2M repayment on AppHarvest’s largest farm
Creditor seeks immediate $47.2M repayment on AppHarvest’s largest farm

The Kentucky-based greenhouse grower is facing threats of another foreclosure, this time at the largest in its four-farm network in Morehead, Ky.

Vertical farmer Kalera files for Chapter 11 bankruptcy
Vertical farmer Kalera files for Chapter 11 bankruptcy

Kalera, a vertical farming company based in Orlando, Fla., filed April 4, for Chapter 11 bankruptcy, and the CEO stepped down. But leaders are making arrangements to continue regular operations throughout the process.

Country Fresh, Sun Rich assets acquired by Stellex Capital Management; new company will operate under Country Fresh name
Country Fresh, Sun Rich assets acquired by Stellex Capital Management; new company will operate under Country Fresh name

Country Fresh and Sun Rich USA, two divisions previously part of the Fresh Food Group, will now operate as a standalone company under the Country Fresh name.

Country Fresh plans for reorganization
Country Fresh plans for reorganization

The Woodlands, Texas-based Country Fresh filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas.

Wayne E. Bailey to emerge from bankruptcy
Wayne E. Bailey to emerge from bankruptcy

Wayne E. Bailey Produce Co. expects to emerge from bankruptcy the first week of September, after filing for Chapter 11 in January.

USDA files PACA action for $260K debt

The U.S. Department of Agriculture has filed an administrative action under the Perishable Agricultural Commodities Act against a Chicago wholesaler specializing in organic and locally grown produce.

Cherry Growers Inc. equipment to be auctioned
Cherry Growers Inc. equipment to be auctioned

After filing for Chapter 11 bankruptcy protection in August, Cherry Growers Inc. in Grawn, Mich., is liquidating all assets.

Bi-Lo and Tops Friendly Markets are planning to declare bankruptcy, according to media reports.
Bi-Lo, Tops Friendly Markets reportedly eyeing bankruptcy

Bi-Lo LLC, which owns Winn-Dixie stores, and Tops Friendly Markets are planning to file for bankruptcy, as Amazon’s purchase of Whole Foods continues to put pressure on retailers.

<p>George Wooten, Wayne E Bailey Co.</p>
Wayne E. Bailey files Chapter 11 bankruptcy

Chadbourn, N.C.-based Wayne E Bailey Produce Co. has filed for Chapter 11 bankruptcy protection, but firm president George Wooten said the 85-year old company will continue to operate normally as it reorganizes.

USDA files complaints against two related Florida companies
USDA files complaints against two related Florida companies

The U.S. Department of Agriculture has filed administrative complaints under the Perishable Agricultural Commodities Act against C&D Produce Outlet Inc. and C&D Produce Outlet South Inc.

U.S. Marshals seize produce company assets
U.S. Marshals seize produce company assets

In an effort to enforce a civil judgment, attorneys for ProducePay Inc. accompanied six U.S. Marshals on an Aug. 21 raid resulting in the seizure of the business assets of Honey Bee Produce LLC.

Fresh & Easy enters consent agreement with USDA to settle PACA claims
Fresh & Easy enters consent agreement with USDA to settle PACA claims

Giving the company 60 days to settle claims against it, Fresh & Easy LLC has entered into a consent agreement with the U.S. Department of Agriculture to settle its Perishable Agricultural Commodities Act case.