Bankrupt Chicken Processor Townsends Jumps To Ch. 7
The conversion will be effective Oct. 13, and U.S. Bankruptcy Judge Christopher Sontchi will appoint a trustee to oversee liquidation of the company's remaining assets.
Townsends, which sold all of its chicken plants after filing for bankruptcy in December, said in its Aug. 26 conversion...
To view the full article, register now.