Bankrupt AFA Foods Fights Proposed Switch To Ch. 7

Law360, Wilmington (November 2, 2012, 9:55 PM EDT) -- AFA Foods Inc., the meat processor driven to Chapter 11 by the "pink slime" controversy, asked a Delaware bankruptcy judge Friday to reject a putative class of former employees' motion seeking to convert the case to Chapter 7, saying the change would harm creditors of all classes.

AFA and its affiliates have sold nearly all their assets during the bankruptcy process and the conversion motion — filed Oct. 5 by a putative class of ex-employees suing under the Worker Adjustment and Retraining Notification Act — contended...
To view the full article, register now.