Cleanup Continues in Affiliated Foods Collapse

by Arkansas Business Staff  on Monday, Jul. 15, 2013 12:00 am   1 min read

At a hearing scheduled for Wednesday, Bankruptcy Judge Richard D. Taylor will hear a proposed settlement in which former directors will offer to pay $7.5 million to settle bankruptcy trustee claims that they negligently allowed top executives to mismanage the wholesale grocery cooperative into the ground.

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