Up in Smoke: Liberty Brands, LLC files for Chapter 11 Protection

Posted on May 14, 2007 by Morris James Delaware
Liberty Brands, LLC, a manufacturer of tobacco products with brand names including Always Save, Best Choice, Circle Z and Sonic (according to a May 8, 2007 Annual Approved Tobacco List posted on the website for the North Carolina Department of Justice www.ncdoj.com/DocumentStreamerClient), filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the District of Delaware on Thursday, May 10, 2007.  The petition has been assigned case number 07-10645.  It lists assets of less than $10 million with liabilities falling between $10 and $50 million.
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