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Published on 11/3/2022 in the Prospect News Distressed Debt Daily.

Sandy Road Farms gets final court approval to access cash collateral

By Sarah Lizee

Olympia, Wash., Nov. 3 – Sandy Road Farms, LLC secured final court approval to use the cash collateral of secured creditor Rabo AgriFinance LLC, according to an order filed Wednesday with the U.S. Bankruptcy Court for the District of Kansas.

Rabo has a lien on and security interest in essentially all real and personal property assets of the debtor, other than titled vehicles and trailers.

The Plains, Kan.-based agricultural company filed Chapter 11 bankruptcy on Aug. 1 under case number 22-40446.


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