November 15/Beaverton, Ore./PRWEB -- The U.S. Bankruptcy Court for the District of Delaware accepted the bid from Reser’s Fine Foods Inc. to purchase substantially all of the assets and operations of Chef Solutions Inc., a subsidiary of Chef Solutions Holdings LLC., including those of its primary operating subsidiary, Orval Kent Food Company, LLC. Reser’s will operate Orval Kent’s previous businesses, with a significantly strengthened balance sheet and improved liquidity.
As previously reported on October 4, Chef Solutions filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court.