Charlotte, NC – On August 14th, 2024 the Baltimore Division of the District of Maryland of the United States Bankruptcy Court confirmed Tessemae’s LLC Third Amended Plan of Liquidation and the Third Amended Disclosure Statement (case #23-10675). Tessemae’s LLC filed for Chapter 11 bankruptcy protection on February 1st, 2023 with Aurora Management Partners appointed Financial Advisor (FA) to the Debtors, and subsequently completed a sale on December 18th, 2023. The Plan of Liquidation authorizes Aurora to continue serving the Debtor’s as Plan Administrator, implementing the terms of the plan.
Tessemae’s LLC is a Maryland based manufacturer of organic and non-GMO salad dressings and condiments sold in retailers nationwide. Founded in 2009, it is one of the nation’s premier organic salad dressing companies.
The Aurora team advising the Tessemae’s business is David Baker, Managing Partner, Matthew Dossey, Director, Travis Grody, Associate Director, and Cally McGee, Consultant. Aurora is currently also serving as Liquidating Trustee for Taronis Fuels, having previously been named Chief Restructuring Officer in the respective Chapter 11 Bankruptcy case.