PACA Trust Litigation Alert

On April 27, 2012, Adams Produce Company LLC filed for Ch. 11 Bankruptcy and reported approximately $10 million plus in PACA/trade debt.  At this time, several “day one” motions are pending, including a Motion to Sell certain real property assets free and clear of liens.

Please check your A/R to see if this case affects you.  If it does, please do not wait to assert your rights.