Texas-based Plainview Peanut Co., LLC filed Chapter 7 bankruptcy in a Virginia court last month, just two months after its parent company Peanut Corporation of America filed bankruptcy in the same court.
Plainview Peanut Co. is the subsidiary chiefly responsible for the salmonella outbreak earlier this year. The processing plant in Plainview, TX had been operational since 2005 but was neither licensed nor inspected until January 2009.

Today, Us Supreme Court Justice Ruth Bader Ginsberg put a hold on Chrysler’s sale to Fiat. Chrysler has been negotiating the sale of most of its assets to the Italian group as it emerges from Chapter 11 Bankruptcy.
There was no indication as to how long the sale will be on hold. In a court order Justice Ginsberg stated that the sale is “stayed pending further order.”