Mealey's Bankruptcy - IRS: Liquidation Plan Of 'Pink Slime' Maker Violates Bankruptcy Code

WILMINGTON, Del. - The Internal Revenue Service on Feb. 21 filed a brief in the U.S. Bankruptcy Court for the District of Delaware objecting to the plan of liquidation filed by bankrupt AFA Investment Inc. - the maker of the "pink slime" additive to ground beef - contending that the plan amounts to "essentially a discharge" in violation of the Bankruptcy Code (In Re: AFA Investment Inc., No.12-11127, Chapter 11, D. Del. Bkcy.).

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