Bankruptcy Alert: Rakhra Mushroom Farm Corporation Files For Chapter 11

• Debtor Name:  Rakhra Mushroom Farm Corporation
• Year Filed:  2012
• Jurisdiction:  United States Bankruptcy Court / District of Colorado
• Asset Size:  Less than 10,000,000
• Case Number:  12-10560
• Industry:  Agricultural/Farming, Food & Beverage

The Alamosa, CO-based Debtor lists $7.8 million in assets and $8.2 million in liabilities.

Community Banks of Colorado is listed as the largest creditor with a $4.6 million claim.

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Bankruptcy Alert: Grady Smoak Groves, Inc. Files For Chapter 11

• Debtor Name:  Grady Smoak Groves, Inc.
• Year Filed:  2011
• Jurisdiction:  United States Bankruptcy Court / Southern District of Florida
• Asset Size:  Less than 10,000,000
• Case Number:  11-39564
• Industry:  Agricultural/Farming

The Lake Placid, Florida-based grower lists $2.8 million in debts.  

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Eastwood Dairy, LLC Files For chapter 11

• Debtor Name:  Eastwood Dairy, LLC
• Year Filed:  2011
• Jurisdiction:  United States Bankruptcy Court / Southern District of Ohio
• Asset Size:  Less than 10,000,000
• Case Number:  11-34392
• Industry:  Agricultural/Farming

AgStar Financial Services is listed as the largest creditor

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Old Corkscrew Plantation V, LLC Files For Chapter 11

• Debtor Name:  Old Corkscrew Plantation V, LLC
• Year Filed:  2011
• Jurisdiction:  United States Bankruptcy Court / Middle District of Florida
• Asset Size:  10,000,000 to 100,000,000
• Case Number:  11-14572
• Industry:  Agricultural/Farming, Food & Beverage

The Fort Myers-based Debtor's petition lists approximately $43.9 million in assets and $60.35 million in liabilities.  

According to Court documents, the land is a "cash-flowing citrus grove" which accounts for approximately 1.2% of Florida's total citrus production.

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