Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Peanut Corp. of America files for bankruptcy
http://apnews.myway.com/article/20090213/D96AVEK00.html ^ | February 13, 2009

Posted on 02/13/2009 6:50:20 PM PST by NCjim

ATLANTA (AP) - The peanut processing company at the heart of a national salmonella outbreak is going out of business.

The Lynchburg, Va.-based Peanut Corp. of America filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court in Virginia Friday, the latest bad news for the company that has been accused of producing tainted peanut products that may have reached everyone from poor school children to disaster victims.

"It's regrettable, but it's inevitable with the events of last month," said Andrew S. Goldstein, a bankruptcy lawyer in Roanoke, Va., who filed the petition.

The salmonella outbreak was traced to the company's plant in Blakely, Ga., where inspectors found roaches, mold and a leaking roof. A second plant in Plainview, Texas was shuttered this week after preliminary tests came back positive for possible salmonella contamination. So far, the outbreak has been suspected of sickening more than 630 people and may have caused nine deaths. It also has led to more than 2,000 product recalls, one of the largest recalls in U.S. history.

(Excerpt) Read more at apnews.myway.com ...


TOPICS: News/Current Events; US: Georgia; US: Virginia
KEYWORDS: bankruptcy; lynchburg; peanutcorp; peanuts; salmonella

1 posted on 02/13/2009 6:50:20 PM PST by NCjim
[ Post Reply | Private Reply | View Replies]

To: NCjim

Take them out and shoot ‘em.


2 posted on 02/13/2009 6:51:40 PM PST by pissant (THE Conservative party: www.falconparty.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim

3 posted on 02/13/2009 6:52:11 PM PST by mylife (The Roar Of The Masses Could Be Farts)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim

Man, these guys are really bad. I mean, some of the victims were poor kids and disaster victims.


4 posted on 02/13/2009 6:53:35 PM PST by Krankor (Vitajex, whatcha doin' to me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim
What? No bailout $$$ from the government??? This is an outrage!

/sarc off

5 posted on 02/13/2009 6:54:27 PM PST by Mr_Moonlight
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim
How are they going to pay all of those benefits to their illegal help now!!!
6 posted on 02/13/2009 7:10:32 PM PST by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim

Color me surprised.


7 posted on 02/13/2009 7:14:57 PM PST by CaptRon (Perdicaris alive or Raisuli dead)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim
Wonder if we should find out who were the “Big Money” people behind this little operation? Almost seems like there was some type of cover up going on for some time.
8 posted on 02/13/2009 7:25:15 PM PST by The Cajun (Mind numbed robot , ditto-head, Hannitized, Levinite)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NCjim

How long before Obama bails ‘em out?

mrs


9 posted on 02/13/2009 7:26:53 PM PST by proudmilitarymrs (The Republic is dead. Thanks a bunch Senator Specter.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pissant

“Poor” school children. How about leaving off the adjective and just state the facts.


10 posted on 02/13/2009 7:44:23 PM PST by Hilltop (Control the high ground. Control the battlefield.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: NCjim

put a fork - or a knife - in ‘em


11 posted on 02/13/2009 7:56:55 PM PST by bigbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: pissant

There are a lot of good corporate citizens out there, but also some real bad apples....peanuts,too in this case. Chasing that almighty dollar and the public be damned.


12 posted on 02/13/2009 8:00:41 PM PST by mono
[ Post Reply | Private Reply | To 2 | View Replies]

To: mono

IT’S JIMMY CARTER’S FAULT!

How’s THAT for originality?


13 posted on 02/13/2009 8:14:09 PM PST by Senormechanico
[ Post Reply | Private Reply | To 12 | View Replies]

To: pissant

That CEO bastard better be charged with murder. He shipped tainted food.


14 posted on 02/13/2009 8:23:33 PM PST by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: King Moonracer

Love your tagline, Morty.


15 posted on 02/13/2009 9:02:23 PM PST by Veggie Todd (Get involved! The world is run by people that show up.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: NCjim

No doubt about it, they’ve had a $hitty year.


16 posted on 02/13/2009 10:10:16 PM PST by Wally_Kalbacken
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson