Pierre Foods Exits Ch. 11 As New CEO Takes Reins
A judge in the U.S. Bankruptcy Court for the District of Delaware had confirmed Pierre Foods' reorganization plan Wednesday after a confirmation hearing, finding that the plan was conceived in good faith and complied with the U.S. Bankruptcy Code.
Pierre Foods also closed on its $95 million exit financing strategy to fund ongoing operations and pay obligations...
To view the full article, register now.