AFA Foods, Citing 'Pink Slime' Outcry, Liquidity Crisis, Files For Bankruptcy

AFA Foods, Citing 'Pink Slime' Outcry, Liquidity Crisis, Files For Bankruptcy

WILMINGTON, Del. - AFA Foods Inc., the meat-processing company that became associated with a ground beef additive known as "pink slime," filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on April 2, citing decreasing demand for its product and unfounded public outcry over the additive (In Re: AFA Investment Inc., No. 12-11127, Chapter 11, D. Del. Bkcy.).  Subscribers may view the filing in the full update.

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