Case 23-10520-TMH (To accompany Case Law Update "U.S. Affiliates of Canada’s Leading Pork Producer File for Chapter 11 Bankruptcy Protection”
Three U.S. affiliates of Canada's leading pork producer, HyLife Group Holdings, Ltd., a live hog and pork processing company with facilities in Canada, the U.S., Mexico, China, and Japan, filed for Chapter 11 protection in Delaware on Thursday with more than $100 million in secured debt and seeking $16 million in bankruptcy financing to carry out the sale of a Minnesota pig processing facility. Tritek International Inc., a Delaware corporation, attributed the financial problems to the lingering effects of the COVID-19 pandemic. Tritek affiliates HyLife Foods Windom LLC, a 226,737-square-foot pork processing facility in Windom, Minnesota, and Canwin Farms LLC, a contract grower operation that works with farms in South Dakota to grow pigs, also filed for bankruptcy, with Tritek asking to be the lead debtor.
[To accompany Case Law Update "U.S. Affiliates of Canada’s Leading Pork Producer File for Chapter 11 Bankruptcy Protection” from Brooks Animal Law Digest Issue No. 187]