Bankruptcy

BELLINGHAM, Wash. (AP) — Albertsons will pay $5.75 million to settle a lawsuit that sought up to $1 billion in damages related to the sale of stores to Haggen, currently involved in bankruptcy proceedings. The Bellingham Herald reports Haggen said in the lawsuit that Albertsons systemically eliminated competition in more than 130 local grocery markets across five states. ...

Snokist growers could wind up in new hands. An Oregon company looks to buy the cannery for more than $40-million. The day Snokist growers filed bankruptcy in December, the owner of an Oregon-based food processing company started talking about buying it...

If you want to capture a Kodak moment, you may need to be in bankruptcy court to do it these days — the iconic photography company filed for Chapter 11 protection on Wednesday.

In light of financial troubles and a fruit recall last year, Snokist Growers, one of Yakima's biggest agricultural business, was forced to file for reorganization with the U.S. government yesterday.