Tagged: Seneca Foods Corp.

Trustee Charges Collusion in Allens’ Case

Trustee Charges Collusion in Allens’ Case

LegalCover Story

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' Auction Ends at $160M

Allens' Auction Ends at $160M

Restaurants & Food

Sager Creek Acquisition Corp. was the high bidder Monday in an auction to buy Allens Inc. of Siloam Springs, according to a source close to the sale. read more >

Allens Debts Higher Than Expected

Allens Debts Higher Than Expected

WhispersBanking & FinanceLegalRestaurants & Food

Allens Inc.’s debts are now itemized and total $289.9 million. That’s about $10 million more than was estimated when the Siloam Springs company filed for Chapter 11 bankruptcy protection at the end of October. read more >