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Zacky Farms filed for Chapter 11 bankruptcy protection on Tuesday.
The move comes a couple of weeks after news broke that the poultry processor was shutting down its Stockton and Fresno plants and eliminating 475 jobs.
The bankruptcy petition lists estimated assets as well as debts in the range of $50 million to $100 million. It was signed by managing member Lillian Zacky, who drafted a letter to employees a couple of weeks ago hinting at troubles in the company.
https://thebusinessjournal.com/zacky-farms-files-for-bankruptcy-protection/
