Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Agribusiness  >  Current Article
Premium Content

Santa Maria farmer files Chapter 7 amid legal battle with bank

By   /   Friday, August 1st, 2014  /   Comments Off on Santa Maria farmer files Chapter 7 amid legal battle with bank

A Santa Maria produce broker and farmer has filed for Chapter 7 bankruptcy with about $1 million in assets and $9 million in liabilities as his family companies sue the region’s largest bank on allegations that it failed to come through on millions of dollars in promised loans.

    Print       Email
A Santa Maria produce broker and farmer has filed for Chapter 7 bankruptcy with about $1 million in assets and $9 million in liabilities as his family companies sue the region’s largest bank on allegations that it failed to come through on millions of dollars in promised loans.

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: LOG IN or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.
    Print       Email