Legal Opinion
City of Clinton, Ark. v. Pilgrim's Pride Corp.
Court of Appeals for the Fifth Circuit
Decided December 21, 2010No. 10-10039PublishedCited by 250 opinions
1Opinion of the Court
GARWOOD, Circuit Judge:
Defendant-appellee Pilgrim’s Pride Corporation (Pilgrim’s) is the owner of a facility for growing and processing poultry in the City of Clinton, Arkansas (City). Pilgrim’s acquired the facility in 2004 from another poultry processing company, Con-Agra. In October 2008, Pilgrim’s announced that it would close its operations in the City. Pilgrim’s subsequently filed for relief under Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§ 101 et seq., on December 1, 2008.
As a result of the plant’s closure, the City has experienced economic distress, including difficulty in…
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3Cited by250 opinions
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