Pipeline Foods Files for Chapter 11

Pipeline Foods Files for Chapter 11

 

Pipeline Foods Files for Chapter 11 in Delaware Court

July 8, 2021, 10:19 PM

Pipeline Foods files for Chapter 11 in Delaware court, according to a filing.

Estimated liabilities $100m-$500m

Estimated assets $100m-$500m

*Source Bloomberg Law

The Jacobsen is reporting that Pipeline Foods has filed for Chapter 11. The Jacobsen heard through sources that Pipeline had shopping their assets as a package recently. The liabilities are a large number, and hopefully, the value of the liabilities was the company just paying too much for the assets.

Pipeline Foods is a significant player in the…

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