Almond Farmer Hits Ch. 11 With $188M Debt, Sale Plans

By Clara Geoghegan (February 20, 2024, 6:37 PM EST) -- An almond ranch operator in California and 18 of its affiliates have petitioned for Chapter 11 protection, laying out plans to use $30 million in debtor-in-possession financing to maintain operations while looking to shed some or all of its properties to pay off $188 million in debt....

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