Bloomberg: Bumble Bee Considers Bankruptcy to Ease Debt and Legal Costs
In a story published yesterday on bloomberg.com, writer Eliza Ronalds-Hannon reported that “Bumble Bee Seafood LLC is considering a bankruptcy filing as one way to ease its financial burden, which stems in part from a 2017 guilty plea to federal price-fixing charges, according to people with knowledge of the plans.”
Ronalds-Hannon's sources, who asked not to be identified discussing a private matter, noted that the prospect of a court-supervised restructuring under Chapter 11 is among several options being evaluated...
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