Wed 07/07/2021 13:41 PM
Relevant Document:
Voluntary Petition
U.S. Tobacco Cooperative Inc., a Raleigh, N.C.-based grower-owned tobacco products marketing cooperative, filed for chapter 11 protection today in the Bankruptcy Court for the Eastern District of North Carolina, along with five affiliates, including
Premier Manufacturing Inc., which produces consumer tobacco products under the brand names of Manitou, 1839, 1st Class, Shield, Traffic, Ultra Buy and Wildhorse. The company reports $100 million to $500 million in both assets and liabilities. The debtors are represented by Hendren, Redwine & Malone in Raleigh. The case number is 21-01511.
For access to the relevant documents above as well as our First Day by Reorg team's coverage of all U.S. chapter 11 cases filed since 2012 with over $10 million in liabilities including the US Tobacco Cooperative bankruptcy filing click here to request a trial.
The affiliated debtors consist of
U.S. Flue-Cured Tobacco Growers Inc.,
Premier Manufacturing Inc.,
King Maker Marketing Inc.,
Franchise Wholesale Co. LLC and
Big South Distribution LLC.
Reorg First Day will provide a full summary once the first day briefing is complete.
Read our case summary of the US Tobacco Cooperative bankruptcy here.
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