High-End Vacuum Maker Files Bankruptcy

On Monday, May 6, 2013, Oreck Corporation, a 50 year-old manufacturer of high-quality vacuum cleaners, filed chapter 11 bankruptcy in the Middle District of Tennessee. In its voluntary petition, Oreck disclosed assets between $10 and $50 million and liabilities in the same range (although at closer examination, it appears the debt is between $10 and $20 […]

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by H. Joseph Acosta, Esq.

Leading Beef Processing Company Files Bankruptcy

AFA Foods, Inc., a leading ground beef processing company out of Pennsylvania, filed chapter 11 bankruptcy in Delaware on April 2, 2012. Its bankruptcy case is consolidated in Case No. 12-11127, which includes the cases of its affiliates. AFA is among the largest ground beef processing enterprises in the United States, processing more than 500 […]

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by H. Joseph Acosta, Esq.