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People on the Move 10/29/23

Rural Wrap-Up: Five things you missed last week

Here are five things you may have missed last week, from the Mississippi River's historically low levels to Russia trying to include fertilizer preferences in the grain deal.

Some protein buyers for restaurants aren t waiting around for final California s Prop 12 decisions

Some protein buyers for restaurants aren t waiting around for final California s Prop 12 decisions
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Successor to Maines Paper & Food Service Files Broiler Chicken Antitrust Complaint

Successor to Maines Paper & Food Service Files Broiler Chicken Antitrust Complaint
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Successor to Maines Paper & Food Service Files Broiler Chicken Antitrust Complaint

Agriculture your username 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.

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