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• Nebraska Sprouts Tied To Salmonella
• Botulism Fear Prompts Herring Recall
• Choir Competition Strikes A Sour Note
• Three in Spokane Hit by Botulism
• E. coli Reported at Chicago Area Daycare
• Company Recalls 89,531 pounds of chicken bouillon
• Consumer Confidence in Food Supply Drops
• Refrigerated Potatoes Recalled Over Listeria Test
• Peanut Company Ignored Texas Recall Order
• Trustee Appointed in PCA Bankruptcy Case

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Pritzker Olsen attorneys have appeared on CBS News, Fox news, and numerous local television stations throughout the country. They have recovered millions for victims of food poisoning outbreaks. To contact our law firm, please call 1-888-377-8900 (toll free) or submit our free consultation form.

PCA Lists $11.4 million in Assets

The company at the center of a nationwide peanut product Salmonella outbreak says it has $11.4 million of assets and debts of $4.8 million.

But in the Chapter 7 U.S. Bankruptcy Court filing, Peanut Corporation of America said $7 million of its assets is insurance coverage for companies that bought tainted products and are owed money. That's what Bankruptcy Trustee Roy V. Creasy told The Associated Press.

The news agency reported that consumers injured in the Salmonella outbreak would have to draw compensation from a $12 million personal injury insurance policy separate from the other one. The insurer, Hartford Casualty, has asked for a court ruling on whether the policy covers the Salmonella claims.

Hartford has said the intentional acts of Peanut Corporation of America that led to the outbreak negate coverage.

Hartford's position will be intensely rejected by PritzkerOlsen Attorneys on behalf of clients sickened in the outbreak. A national food safety law firm, PritzkerOlsen has clients including the families of three women who died in the outbreak. A Salmonella wrongful death suit has been filed.

Virginia-based Peanut Corporation of America (PCA) filed for Chapter 7 bankruptcy after federal health officials linked the 45-state outbreak, with more than 677 illnesses, to peanut butter, peanut paste and other products made at plants in Georgia and Texas. The company's chief executive, Stewart Parnell, refused to testify before a Congressional panel investigating the outbreak. His company is under criminal investigation by the FBI and other federal agencies.

Because PCA sold contaminated products to other food companies for use as ingredients, the outbreak has led to Salmonella recalls of more than 2,833 products that potentially contained Salmonella.

Labels: PCA bankruptcy, PCA Plainview Recall, peanut butter salmonella investigation

Food Poisoning Lawyer Fred Pritzker has appeared on national television and has been quoted by national publications, including The New York Times, The Wall Street Journal, Associated Press and Lawyers USA. He has been named a "Super Lawyer" by Law and Politics magazine. He is also listed in the current edition of The Best Lawyers in America. To contact Fred Pritzker about a food poisoning lawsuit or food safety advocacy, please call 1-888-377-8900 (toll free) or submit the firm's free consultation form.

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