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Specializing in insolvency and complex commercial matters since 1974

Firm Files Individual Chapter 11 Petition for Fourth Generation Plant City Farmer – March 1, 2019

On March 1, 2019, the firm filed a Chapter 11 petition for Marc and Megan Sewell. Marc is a fourth generation Plant City farmer. Prior to the filing, Marc and Megan operated two strawberry farming businesses. The businesses experienced significant losses in the recent years due to weather issues, excessive labor costs, and market competition. The businesses ceased operations in 2018. Several creditors obtained judgments against the Debtors in connection with their personal guarantees of the farming businesses’ indebtedness. The Debtors filed the Chapter 11 to preserve their assets and establish a schedule for the payment of their debts.