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]