Law360, New York (March 11, 2008, 12:00 AM ET) -- Major store-brand vitamin manufacturer Leiner Health Products Inc. filed for bankruptcy Monday, a year after federal regulators issued warnings over manufacturing infractions, which prompted the company to initiate a costly recall of some products.
The company sought Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware, listing both assets and debt in the range of $500 million to $1 billion.
The filing includes three of the company's subsidiaries – Leiner Health Products LLC, Leiner Health Services Group and LHP Holding Corp. –...
Ailing Vitamin Co. Seeks Refuge In Bankruptcy
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