Could what happen to Borden hurt or help the situation with dean foods and ch.11
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Dean Foods had 10X the debt of Bordens (if you believe the info in the filings).
Well Bordens closed its Meyer (Cinci) plant just before filing for bankruptcy.
Also I don't think Dean had 5x the debt that Borden did but they have 5x the plants.
No effect whatsoever. Borden filed Chapter 11 to reorganize debt and get out from underneath some union pension liability. They'll reorganize and emerge from bankruptcy without selling a single location.
Dean Foods filed Chapter 11 due to massive amounts of debt (far more than Borden) and the only reason it was Chapter 11 instead of Chapter 7 is because the brains thought they'd be able to use Chapter 11 to pull off a quick sale to DFA and collect bonuses which they wouldn't have gotten if they had gone straight to Chapter 7. Dean Foods still likely headed to Chapter 7 and there will be no emergence from bankruptcy as a reorganized company.