California Business Files Chapter 11 After Financial Pressures Mount

Try Trout and Industrial, LLC, a California–based real estate holding company filed for Chapter 11 bankruptcy protection on August 27, 2025.

Deepali Singla
Written By Deepali Singla
News Writer
Annesha
Edited By Annesha
Managing Editor
Try Trout and Industrial, LLC had to seek bankruptcy protection to manage finances (Source: Created on Canva)

On August 27, 2025, Try Trout and Industrial, LLC, a real estate holding company based in Truckee, California, filed a voluntary petition under Chapter 11 bankruptcy protection. The case was filed in the U.S. Bankruptcy Court for the Eastern District of California, Sacramento Division.

Highlights

  • Try Trout and Industrial, LLC is now under Chapter 11 proceedings, as per a filing made on August 27.
  • The case number 2:25-bk-24548 is filed at the California Eastern Bankruptcy Court.
  • William M. Noall is the representative attorney of the case.

Try Trout and Industrial Enters Chapter 11 Proceedings

Chapter 11 allows businesses to continue operations while restructuring their debts under court supervision. Most creditor actions are halted by the filing while the proceedings move forward.

Try Trout and Industrial, LLC is a real estate holding company in Truckee, and it recently filed for Chapter 11 bankruptcy. The voluntary filing allows the company to continue operating as the debtor in possession under court supervision.

As per PacerMonitor, Try Trout and Industrial, LLC lists the company’s mailing address in Menlo Park, though it is based in Truckee. The petition was submitted on August 27 and is assigned to Judge Christopher D. Jaime under case number 2:25-bk-24548. Attorney William M. Noall is representing the company in the proceedings.

Court filings indicate the company expects to have funds available to pay unsecured creditors, unlike cases where estate assets are depleted.

The petition lists assets between $50 million and $100 million, and liabilities between $10 million and $50 million.

As part of the proceedings, the court has scheduled a status conference for October 7 at the Sacramento courthouse, where the company’s initial reorganization steps will be reviewed.

Try Trout and Industrial’s bankruptcy filing adds to a string of recent Chapter 11 cases in California’s real estate sector. Monitoring upcoming filings, such as disclosure statements, reorganization plans, and creditor committee formations, will be key to understanding the eventual outcomes of this case.

Be the First to Know

From new restaurant openings to exciting retail launches and real estate insights, be the first to know what’s happening in Sacramento

Share This Article
Follow:
Deepali Singla is a food technologist by discipline and a seasoned, versatile writer by profession. Her passion for writing emerged during her academic journey. With a strong foundation in research, she excels at crafting well-researched content. Combining technical knowledge with a flair for storytelling, Deepali brings depth and clarity to her work.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *