News

Pink Slime Bankruptcy: Ground Beef Processor Files For Chapter 11 After Heated Backlash - International Business Times

04/03/12

"Pink slime" is certainly not the way to America's heart or stomach; and one ground beef processor found that out the hard way. AFA Foods filed for Chapter 11 bankruptcy on Monday, saying the backlash over the meat filler dubbed "pink slime" hurt its business.

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Pink Slime Bankruptcy: Beef Processor AFA Foods Files For Chapter 11 Amid 'Pink Slime' Uproar - Huffington Post

04/03/12

April 2 (Reuters) - Ground beef processor AFA Foods filed for bankruptcy protection on Monday, citing the impact of the uproar over a meat filler dubbed "pink slime" by critics. Meat processors have faced a backlash over the use of an ammonia ...

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The Daily Docket: Reddy Ice Considers Bankruptcy - Wall Street Journal

04/03/12

Reddy Ice Holdings Inc. is considering seeking bankruptcy protection in a prearranged deal with lenders and other stakeholders as it continues to incur losses, the company said in a regulatory filing. Read the Daily Bankruptcy Review article here.

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Attorneys Share Insights on Licensing Issues in Bio Pharma/Life Sciences - Yahoo Finance

04/03/12

Outside of bankruptcy, a creditor may seek to avoid these transactions ... LeClairRyan provides business counsel and client representation in corporate law and litigation. In this role, the firm applies its knowledge, insight and skill ...

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AFA Foods cites 'pink slime' in Chapter 11 filing - Post-Bulletin

04/03/12

The headline: Ground beef processor AFA Foods is filing for Chapter 11 bankruptcy protection and selling its assets after the public outcry over the beef filler known as "pink slime" derailed its efforts to save its struggling business.

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JGB Bank takes 45% loss on Sunrise plaza short sale - The Business Journal

04/03/12

JGB Bank accepted a 45 percent loss on its mortgage balance by approving the short sale of the Royal Plaza retail center in Sunrise. The bankruptcy case was resolved in March, when the judge approved the sale of the 66,259-square-foot retail center at 6289 ...

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Fitch: U.S. Bankruptcy Filings to Drop 4%-5% in 2012 - StreetInsider.com

04/03/12

Although it will be difficult to top 2011, bankruptcy filings will continue to drop to the tune of an added 4% to 5% before the year is out, according to Fitch Ratings in a new report. The first three months of 2012 are helping to support that projection ...

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TEXT-Fitch:U.S. bankruptcy filings to drop 4%-5% in 2012 - Reuters

04/03/12

Apr 03 - Although it will be difficult to top 2011, bankruptcy filings will continue to drop to the tune of an added 4% to 5% before the year is out, according to Fitch Ratings in a new report. The first three months of 2012 are helping to ...

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Pink slime sucks King of Prussia food processor into bankruptcy - Main Line Media News

04/03/12

NEW YORK (AP) — Ground beef processor AFA Foods said Monday that it is filing for Chapter 11 bankruptcy protection and selling its assets after the public outcry over the beef filler known as “pink slime” derailed its efforts to save its ...

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Northwest Ohio bankruptcy filings decrease for month - Toledo Blade

04/03/12

Bankruptcy filings in northwest Ohio resumed their decline in March, falling sharply after registering a slight increase in February for the first time in 17 months. U.S. Bankruptcy Court in Toledo, which covers 21 counties, reported 688 new ...

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