Agriprocessors files for bankruptcy protection
Agriprocessors filed for Chapter 11 bankruptcy protection.
Once the largest kosher meat producer in the country, Agriprocessors in its filing Tuesday said the company owed $50 million to $100 million to creditors, The Associated Press reported.
The move appears to be an effort to pre-empt foreclosure by a St. Louis bank, which sued Agriprocessors for defaulting on a $35 million loan. A court hearing was scheduled for Wednesday.
Agriprocessors’ filing should stoke already simmering fears of an imminent shortage in the national supply of kosher meat. The company has been producing a fraction of its normal output for at least a week while another large kosher slaughterhouse in Minnesota, which produces meat under the Alle label, was shut down this week due to problems stemming from a fire in June.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.