Plant farm seeks bankruptcy protection following rainy spring

Posted on Tuesday, July 5th, 2016 at 3:46 pm    

Irving Texas-based grower Zelenka Farms recently filed for Chapter 11 bankruptcy, claiming their farms were negatively impacted by a “wet spring” season, a June 30 article of Nursery Management News reported.

The farm, which supplies produce for stores such as Kmart, Home Depot, and Lowe’s, told a judge they will look for potential buyers of their six farms. The farms being sold currently have staffs totaling 1,519 employees. Zelenka Farms was founded under the name “Berry Family of Nurseries” in 1993. They have 3,577 acres of farm lot spanning North Carolina, Oklahoma, Michigan, Tennessee, and Oregon.

Unfortunately, many business owners are struggling to help their business survive. If your business is experiencing problems, working with a qualified legal team can be beneficial. Especially if you have decided to file for bankruptcy, find out how the legal team at the Bradford Law Offices, PLLC in Raleigh could help you recover your financial footing. Call us at (919) 758-8879 to learn more about your legal options.