Bankruptcy Blogs

US bankruptcy claims trading at year high in Sept

10/20/11

"The face value of U.S. bankruptcy claims traded in September was the highest since July 2010, according to a report released on Wednesday. The value of claims traded in September doubled from August to $4.52 billion, according to SecondMarket, which...

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Cracks Form Between Orval Kent, Egg Supplier

10/20/11

The last supplier to recover goods from food manufacturer Orval Kent Food Co. gets a rotten egg!

Prime Foods Inc., an Indiana-based egg seller, wants Orval Kent to return the nearly $60,000 worth of hard-boiled eggs it received in the weeks leading up to Orval Kent’s Chapter 11 bankruptcy case. The timer’s now ticking away against the cooked eggs’ shelf life of only six weeks.

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