Zacky Farms files for Chapter 11 bankruptcy protection
Zacky Farms LLC announced that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code. Zacky filed the petition today in the United States Bankruptcy Court for the Eastern District of California in Sacramento, Calif.
Zacky emphasized that normal operations and customer service will continue without disruption, including sales, order processing and delivery. In connection with its Chapter 11 filing, Zacky also announced that it has secured a debtor-in-possession (DIP) financing facility from The Lillian Zacky Family Trust. Zacky has also employed financial advisors to explore strategic alternatives to maximize value for its stakeholders.