Olive Importer Files for Bankruptcy to Avoid Class Action - Wall Str...

06/11/14

Olive Importer Files for Bankruptcy to Avoid Class Action
Wall Street Journal (blog)
The goal of the filing, according to Kangadis Food's bankruptcy lawyer, is to avoid paying an estimated $750,000 to $1 million more to defend itself in a class-action suit scheduled to go to trial in September. Under the Bankruptcy Code, a company can ...
LI olive oil company files for Chapter 11 after mislabeling suitNewsday

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