Affiliated Foods Bankruptcy Case Lingers with U.S. Bank Lawsuit

Affiliated Foods Bankruptcy Case Lingers with U.S. Bank Lawsuit
The former Affliated Food Stores warehouse, photographed in 2012 near Interstate 30 and Vimy Ridge Road in Little Rock.

Earlier this month, Affiliated Foods Southwest Inc. entered its seventh year in bankruptcy court. Affiliated Foods, once one of the state's largest private companies, reported $47.6 million in assets and $101.5 million in debt — $62.5 million of it unsecured — when it filed for bankruptcy on May 5, 2009.
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Turner Grain's Bankruptcy Converted to Chapter 7 Liquidation

U.S. Bankruptcy Judge Phyllis M. Jones approved a request Thursday to convert Turner Grain Merchandising Inc.'s bankruptcy case from reorganization to Chapter 7 liquidation.
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TPA Promotes Job Creation (Randy Zook Commentary)

Congress faces an important choice in the months ahead as it considers a bill to renew Trade Promotion Authority. TPA is vital because economic growth and job creation at home depend on our ability to sell American goods and services to the 95 percent of the world's customers living outside the United States.
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