Peanut processor's filing lists $11M in assets - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Peanut processor's filing lists $11M in assets

ROANOKE, Va. (AP) - Documents filed today in bankruptcy court show a peanut processor at the heart of a salmonella outbreak has nearly $11.4 million in assets and debts of $4.8 million.

The Lynchburg, Va., -based Peanut Corp. of America shut down and filed for Chapter 7 bankruptcy last month as the fallout from the outbreak grew.

The outbreak was linked to the company's products and sickened more than 600 people. It also led to 1 of the largest product recalls in U.S. history, and may have caused nine deaths.

The company's plant in Plainview, Texas, closed a few weeks ago. Then Texas health regulators ordered a recall of all products ever produced at the facility.

The filing today by attorney Andrew S. Goldstein lists 14 lawsuits against the company related to the outbreak. It also lists more than 475 businesses with claims against the company.

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