The trustee in Allens Inc.’s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag. read more >
Allens Inc. of Siloam Springs officially announces that Sager Creek Acquisition Corp. has reached a deal to purchase Allens operations and assets. read more >
Allens Inc. sold most of its financially disastrous frozen-foods division in 2012, and now the rest of the company is up for sale, according to documents filed in one of Arkansas’ largest bankruptcy cases. read more >
Tucked away in Allens Inc.’s Chapter 11 bankruptcy filings last week is the total of its debts: $279.9 million. read more >
