Frinj Coffee Declares Bankruptcy to Restructure

Frinj Coffee Declares Bankruptcy to Restructure

The Santa Barbara–rooted dream of growing a world-class coffee-farming industry in Southern California may not be over, but it’s certainly facing a financial nightmare right now.  In January, Frinj Coffee — which was founded by Goleta farmer Jay Ruskey in 2017 and enlisted more than 70 farms across the state to grow beans — filed for Chapter 11 bankruptcy, claiming about $215,000 in assets while listing more than $1.8 million in liabilities.  F…