Custom Food Products, Inc. Files In Delaware

Custom Food Products, Inc., located in Carson, California, filed a voluntary Chapter 11 petition on April 13, 2007 in the Bankruptcy Court for the District of Delaware.  The petition has been assigned case number 07-10495.  Judge Peter J. Walsh is presiding over this case.  The petition lists between $1 million and $100 million in assets, and a similar amount of liabilities.  The petition was filed by Klee, Tuchin, Bogdanoff & Stern LLP located in Los Angeles, California, and by the Wilmington, Delaware office of Pachulski Stang Ziehl Young Jones & Weintraub LLP.

According to an addendum to the petition, Custom Food Products, Inc. "was created in connection with the aquisition of substantially all the assets of a California Corporation with a nearly identical name, 'Custom Food Products, Inc., a California Corporation,' which was a debtor and debtor-in-possession in a chapter 11 case filed in the United States Bankruptcy Court for the Central District of California on February 1, 2001."

First Day Motions are scheduled for April 17, 2007 at 4:00 p.m. before The Honorable Peter J. Walsh.

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