Support Local Journalism. Join Riverfront Times Press Club.

Saturday, February 14, 2009

Peanut Corp. of America Files for Bankruptcy

Posted By on Sat, Feb 14, 2009 at 9:47 AM

click to enlarge WIKIMEDIA COMMONS
  • Wikimedia Commons
In a move that surprises exactly no one, Peanut Corp. of America has filed for bankruptcy. (CNN)

Peanut Corp. of America is the source of the current salmonella outbreak in peanut-butter products. Earlier this week, the state of Texas ordered a recall of everything ever shipped from the company's plant there, while the company's head took the fifth while appearing before a Congressional hearing.

One upshot of the bankruptcy filing? According to a consumer advocate, as quoted in the CNN article:
"PCA's declaration of bankruptcy will, among other things, shield it from liability suits filed by consumers who became sick or whose loved ones died as a result of eating PCA's peanut products."

Tags: ,

Support Local Journalism.
Join the Riverfront Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Riverfront Times Club for as little as $5 a month.

Read the Digital Print Issue

June 16, 2021

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Best Things to Do In St. Louis

© 2021 Riverfront Times

Website powered by Foundation