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: A Georgia LawyerPeanut Butter Crisis: Georgia Company Declares Bankruptcy
The company linked to a national salmonella outbreak, Peanut Corp. of America, filed for Chapter 7 bankruptcy Friday in federal court in Lynchburg, Va.
In its filing, the company said its assets were between $1 million and $10 million, and its liabilities were between $1 million and $10 million.
A spokesman said the company had no choice.
For the folks that worked there - hardworking Georgians - it's another sad chapter in that mess.
Full post as published by A Georgia Lawyer on February 14, 2009 (boomark / email).
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