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99 Cents Only Stores names bankruptcy liquidation manager

- Retail
Hilco Real Estate, LLC (HRE), in collaboration with Jefferies LLC, is managing the sale of 377 real estate assets, encompassing 44 owned and 333 leased properties, as part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC

99 Cents Only Stores to wind-down business operations

- Featured
99 Cents Only Stores LLC today announced plans to commence an orderly wind-down of its business operations.

Nearly all of Prima Wawona’s tree fruit acreage sells

- General News
As the Prima Wawona Cutler, CA, liquidation proceeds, two well-known California grower-shippers have partnered to buy 5,000 acres.

Illinois trucking company files for Chapter 11 bankruptcy

- General News
Nationwide Cargo, Inc., of East Dundee, IL, filed for Chapter 11 bankruptcy protection March 13. It carries general freight, meat, and fresh produce.

Chicken chain denied Chapter 11 bankruptcy filing as debts pile up

- General News
A judge denied the second bankruptcy filing by the owner of rotisserie chicken chain Boston Market, leaving it on shaky financial ground.

CASE STUDY: A Leamington Hothouse Bankruptcy Part 3

- Produce Blueprints
Although Lakeside Produce Inc. creditors filed claims with Blue Book, shortly after the filing, they were quickly closed, giving way to the bankruptcy proceedings. 

CASE STUDY: A Leamington Hothouse Bankruptcy Part 2

- Produce Blueprints
In a February 2023 Trustee’s Preliminary Administration of the Estate of the debtor report, economic challenges for Lakeside Produce Inc., beginning in mid-2020 and continuing well into 2022, were cited as the main reason behind the bankruptcy.

CASE STUDY: A Leamington Hothouse Bankruptcy Part 1

- Produce Blueprints
Lakeside Produce Inc., ended its journey when it filed an Assignment in Bankruptcy on January 17, 2023 in the Ontario Superior Bankruptcy Court.

FreshPro Food Distributors files Chapter 11 bankruptcy

- General News
The petition showed that “funds will be available for distribution to unsecured creditors,” and creditors number between 299-900.

Specialty mushroom grower Smallhold Inc. files for Chapter 11 bankruptcy protection

- General News
Smallhold started in 2017 in a shipping container in Brooklyn, and supplies specialty mushrooms to more than 1,000 stores across the U.S.