Food Recycler Asks To Scrap Ch. 11 For Ch. 7 Due To IP Suit

By Clara Geoghegan (November 17, 2023, 8:42 PM EST) -- Food recycling company KDC Agribusiness LLC has run out of money to fund its Chapter 11 proceeding after an ongoing lawsuit spoiled its debtor-in-possession funding and asset sale plans, the company told a Delaware bankruptcy court, asking it to convert the case to Chapter 7 liquidation....

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