Hronis, Inc. and nine affiliated debtors — collectively the Delano, California–based "Hronis Ranch" table-grape and citrus enterprise — are in Chapter 11 following a court-approved sale of substantially all assets and are now advancing toward a liquidation plan. The Debtors filed on March 6, 2026 (Voluntary PetitionDkt. 1) after co-Chief Restructuring Officers Allen Soong and Scott Avila were already in place and the board had empaneled a Special Restructuring Committee in January 2026, carrying roughly $149.2 million of first-lien secured debt held by a single lender, Conterra Agricultural Capital, LLC (DIP Financing ExhibitsDkt. 42).
The restructuring turned immediately to a combined Conterra DIP facility and cash-collateral package. The motion sought up to $22.3 million of new-money financing with $10 million of interim availability, senior priming liens and superpriority administrative priority, and a compressed sale timetable (DIP and Cash-Collateral MotionDkt. 38); an interim order entered March 12, 2026 authorized the facility and cash-collateral use on those terms, subject to an approved budget, a carve-out, and adequate-protection liens for the prepetition secured parties (Interim DIP OrderDkt. 79). The structure drew objections — Bloom Fresh International Limited among them — and a stipulation pushed out the response deadline and final hearing (Bloom Fresh StipulationDkt. 138).
That contest broadened into the sale itself. The Official Committee of Unsecured Creditors challenged Conterra's credit-bid rights and launched avoidance litigation, disputes the parties ultimately resolved through a court-approved settlement that cleared the path to auction (Soong DeclarationDkt. 461). At the June 24, 2026 auction, third parties successfully overbid for six ranches while Conterra took the remaining assets, and the sale results were confirmed shortly thereafter.
With the sale substantially closed, the Debtors moved on July 2, 2026 to extend the exclusive periods to file and solicit a plan — 88 days and 58 days, respectively — signaling an intent to file a consensual liquidation plan in the coming weeks (Exclusivity MotionDkt. 458). The motion is set for hearing on August 4, 2026 before Judge René Lastreto II in Fresno (Notice of HearingDkt. 459).
