Melamine-Tainted Milk Leads To Ch. 7 For Fla. Importer

Law360, Miami (August 07, 2013, 4:36 PM ET) -- Florida import-export company Exim Brickell LLC on Saturday filed for Chapter 7 protection after being done in by court judgments against it over shipments of powdered milk from China that were contaminated with melamine.

In its bankruptcy petition, Exim Brickell listed office furniture worth about $300 as its only assets and $204 million in liabilities, including a $75 million claim held by Venezuelan company Bariven SA, which sued the company for damages because of the tainted Chinese milk scandal that erupted in September 2008.

Exim Brickell...
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