Premade Meals Maker Pierre Foods Files For Ch. 11

Law360, New York (July 15, 2008, 12:00 AM EDT) -- Pierre Foods Inc., a maker of ready-made meals and prepackaged baked goods, filed for bankruptcy protection on Tuesday, citing the rising cost of raw materials as a key factor in the decision.

The bankruptcy, which was lodged in the U.S. Bankruptcy Court for the District of Delaware, involves 13 subsidiaries under the Pierre Foods umbrella, including Chefs Pantry Inc., Clovervale Farms Inc. and Fresh Foods Properties LLC.

The cases are currently pending before District Judge Kevin Gross.

The company plans to continue normal operations during the...
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