Zelenka Farms wins bankruptcy court OK of $15 million asset sale

By Caroline Salls

Pittsburgh, Aug. 19 – Zelenka Farms received court approval of the $15 million sale of substantially all of its assets to LM Farms, LLC, according to an order filed Friday with the U.S. Bankruptcy Court for the Northern District of Texas.

In addition to the cash purchase price, LM agreed to assume specified Zelenka Farms liabilities.

Zelenka Farms is an Irving, Texas-based wholesale plant grower and distributor. The company filed bankruptcy on June 17 under Chapter 11 case number 16-32435.

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