Soy Butter Co. Hits Bankruptcy After Illness Outbreak

Law360, New York (May 17, 2017, 3:45 PM EDT) -- SoyNut Butter Co. has filed for Chapter 7 bankruptcy after a foodborne-illness crisis, according to documents filed in Illinois bankruptcy court.

The Glenview, Ill.-based company makes, or made, I.M. Healthy soy nut butter, which federal food-safety officials have blamed for 32 illnesses in 12 states after a U.S. Food and Drug Administration investigation concluded that E. coli contamination was the culprit.

The company's sales have plunged this year. It listed under $50,000 in assets — much of that accounted for by about $32,000 in cash on...
To view the full article, register now.



Case Information

Case Title

Simmons et al v. The SoyNut Butter Company

Case Number



Illinois Northern

Nature of Suit

365(Personal Inj. Prod. Liability)


Honorable Amy J. St. Eve

Date Filed

March 6, 2017

Law Firms

Government Agencies

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.