Case Number
District
Petition Date
May 5, 2025
Est. Duration
Est. Assets
Est. Creditors
Est. Liabilities
Type of case
On May 5, 2025, Harvest Sherwood Food Distributors, Inc. and its affiliates filed for Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Texas (Case No. 25-80109). The Debtors expect to use the chapter 11 process to wind down the business and monetize substantial litigation claims for the benefit of creditors.
Business and Distress:
Capital Structure:
Litigation Assets:
Chapter 11 Objectives:
Timeline:
DIP Objections
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$25,896,170.16 of new money DIP loans, $5,000,000 of which shall only be made available upon entry of the Interim Order, with the remainder available upon entry of the Final Order
subject to entry of the Final Order, a roll up and conversion into DIP Obligations (as defined below) of the remaining $79,103,829.84 of Prepetition Obligations (the “Roll-Up DIP Loans” and, together with the New-Money DIP Loans, the “DIP Loans”)
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You’ll remain eligible for future distributions—but the process may take several years, with payouts spaced out and tied to litigation outcomes, asset recovery, and the efficiency and effectiveness of trust administration. Holding exposes you to risks such as administrative cost overruns that eat into recoveries and other adverse events (e.g., hacking and security breaches) that may erode estate value.