Grower’s Organic LLC, doing business as GO Transportation, has filed for Chapter 11 bankruptcy.
The Denver-based distributor reported assets of less than $50,000 and debts of $1 million to $10 million in the Aug. 28 bankruptcy petition.
Co-founder and managing member Brian Freeman said in court documents that many of the company’s creditors are covered by the Perishable Agricultural Commodities Act. Of the top 20 creditors, at least nine are organic produce growers or shippers. The total owed to those 20 creditors holding the largest unsecured claims is more than $473,000.
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Other news in this sector:
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