Case filing & court posture: TreeSap Farms, LLC and affiliated debtors filed chapter 11 on February 24, 2025 in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (Case No. 25-90017). Dkt. 1 Judge David S. Jones presides.
Liquidity & financing path: The debtors obtained a $51 million DIP facility from prepetition lenders Capital Farm Credit, comprising $22 million in new money and a $29 million roll-up of prepetition debt at SOFR + 7%. Dkt. 16
Restructuring outcome: The debtors pursued an asset sale process, with TYFCO, LLC designated as the successful bidder for approximately $88 million in cash after auction cancellation. Dkt. 122 Dkt. 243 A liquidating plan was confirmed on July 8, 2025. Dkt. 387
Plan effective date & post-confirmation: The plan became effective on August 1, 2025, with David Zdunkewicz serving as Plan Administrator. The case remains active in post-confirmation administration with ongoing claims reconciliation processes.