Scottsdale-based agriculture developer files bankruptcy

By Andy Blye | Phoenix Business Journal

Integrated AG, a Scottsdale-based farmland investment firm, filed for Chapter 11 bankruptcy protection on Jan. 20 and disclosed over $20 million in outstanding debt, according to a filing with the U.S. Bankruptcy Court in Arizona.

The company, specifically Integrated Ag XI LLC, reported over $33 million in assets and owes an excess of $20 million to nine different creditors. The filing also lists 25 other co-debtors from Arizona and New York.

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