The nursery (debtor), loccated in Damascus, Ore., reported assests of less than $10 million.
Northwest Farm Credit Services PCA in Salem, Ore., is its largest creditor, owed $23.7 million, of which $9.7 million is secured, according to the bankruptcy petition.
The nursery has been serving the industry since 1977. It grows Japanese maples, flowering and shade trees, broadleaf evergreens, perennials, ornamental grasses and deciduous shrubs.
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