Auction set for assets of Quantum Foods Industry News June 19, 2014 No Comments Assets include a 220,000-square-foot production facility, an 80,000-square-foot culinary facility, and a 250,000-square-foot cold-storage distribution center.Read More
Bidders qualifying for Northern Beef Packers auction November 20, 2013 No Comments A minimum bid of $12.75 million has been set by the bankrupt company.Read More
Attorneys seek $12.75M bid for Northern Beef Packers plant October 21, 2013 No Comments Under the proposal, bids would be solicited for all the beef plant's property, including fixtures, improvements, machinery, equipment and supplies.Read More
Northern Beef Packers to get $2.25M in credit September 27, 2013 No Comments The company can employ an investment banking firm to pursue a sale.Read More
Northern Beef Packers gets $512K loan to pay bills September 16, 2013 No Comments Judge Charles Nail approved the plant's request to obtain secured credit.Read More
Northern Beef Packers seeks to avoid liquidation September 10, 2013 No Comments Northern Beef Packers is asking a federal bankruptcy judge to allow it to borrow $2.25 million from White Oak Global Advisors.Read More
Federal trustee asks for Northern Beef Packers to be liquidated August 29, 2013 No Comments The company had been trying to obtain post-petition financing so that it would hire an investment firm sell its Aberdeen, S.D. facilityRead More
Northern Beef Packers looking for sale, not reorganization August 9, 2013 No Comments The company asked the court to allow it to hire investment banking firm Lincoln International, which is now recommending a sale.Read More
Zacky Farms LLC to sell its assets to the Lillian Zacky Family Trust January 23, 2013 No Comments As part of the transaction, the Trust will retain substantially all of the Zacky employees.Read More
Zacky Farms files for Chapter 11 bankruptcy protection October 9, 2012 No Comments Zacky emphasized that normal operations and customer service will continue without disruption, including sales, order processing and delivery.Read More
