Lakeside Produce files for Bankruptcy

[Shakey]

https://documentcentre.ey.com/api/Document/download?docId=36727&language=EN

 

[loaders]

Wow….that is a lot of hurt for many companies. The Mexican growers are taking a huge hit.

 

[JN1981]

Secured debt is $169 Million?!? With only $3-ish million in assets to offset. I’m having a hard time reconciling a bank(s) extending that much credit.

 

[JACKBURTON]

Secured debt is $169 Million?!? With only $3-ish million in assets to offset. I’m having a hard time reconciling a bank(s) extending that much credit.

LOL yeah like they've never done that before.