Agriculture
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3 days ago
Amory Investments LLC, the financial services company that purchased various Maines Paper & Food Service Inc. assets after the foodservice distributor filed for bankruptcy, has joined the poultry industry’s sweeping price-fixing suit. The Apr. 9 complaint, filed in the Northern District of Illinois, explains that Amory acquired Maines’ broiler chicken antitrust claims after it purchased assets out of Maines’ bankruptcy last June.
Maines, formerly a large foodservice distributor catering to restaurants and hotels in a number of eastern, southern, and midwestern states, filed for Chapter 11 bankruptcy after months of business struggles largely stemming from the COVID-19 pandemic. Maines reportedly purchased chickens directly from several producer defendants, leading to claims which Armory now asserts as its successor. The complaint includes a table specifying Amory’s causes of action and the defendants thereto.