Month: April 2012

AFA Foods has announced that, given recent changes in the market for its ground beef products and the impact of media coverage related to Boneless Lean Beef Trimmings (“BLBT”), it has determined that the best way to preserve value for its stakeholders is through an orderly sale of some or all of its assets. AFA has filed voluntary Chapter 11 petitions in the District of Delaware to obtain the essential financing necessary to preserve continuity for its customers, employees and business partners while it continues discussions with potential buyers to secure the highest and best outcome for its businesses. …

Canada’s meat and egg processing industry welcomes the commitment by the Government of Canada in the March 29 budget to transform and improve Canadian Food Inspection (CFIA) service delivery, including a promise to “change how the CFIA monitors and enforces non-health and food safety regulations.” …