Troubled Kane Beef Plant Has A New Owner

The JDH Capital Co., of Houston, emerged Friday as the winner of the troubled beef plant’s court-approved bankruptcy auction.

Sam Kane’s Corpus Christi Beef Plant to be Auctioned off, Employees Furloughed

The sale of Sam Kane Beef Processors LLC to a buyer has fallen through, and now the troubled meat company is looking to unload its property at auction.

Corpus Christi Kane Beef Processors Files for Chapter 11 Bankruptcy to Implement Sale

In order to facilitate the ongoing sales process of the assets of Sam Kane Beef Processors, LLC (“Sam Kane”), and to assure the fair treatment of our creditors and employees, the Receiver has, in accordance with the powers provided to him by the Receivership Order, decided to place Sam Kaneunder the protection of the U.S. Bankruptcy Court by filing Chapter 11.