Allen Family Foods Looks To Spin Off Assets In Ch. 11
The Seaford, Del.-based company — a vertically integrated operation that handles all aspects of poultry production, from hatching to processing — listed both assets and liabilities between $50 million and $100 million in its petition. Two affiliates, Allen’s Hatchery Inc. and JCR Enterprises Inc., also filed for court protection.
Allen Family Foods blamed the one-two...
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