Analysis

Bad Demand Forecast Led Debt-Laden Del Monte To. Ch. 11

By Ben Zigterman · July 30, 2025, 7:24 PM EDT

Canned food giant Del Monte's Chapter 11 filing was triggered by a critical misjudgment of consumers' preferences as the COVID-19 pandemic waned, while spiking interest rates toppled a balance sheet that...

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Bankruptcy Scorecard

Summary

Packaged foods giant Del Monte filed for bankruptcy with plans to sell assets and restructure other parts of its business.

Case Number

3:25-bk-16984

Judge

Michael B. Kaplan

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Related Sections

Case Information

Case Title

Del Monte Foods Corporation II Inc.

Case Number

3:25-bk-16984

Court

New Jersey

Nature of Suit

Date Filed

July 01, 2025

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