Don Jackson, who was running Pilgrim's Pride throughout the reorganization process, says although JBS has been part of the company's corporate reorganization, it did not interfere in chicken operations.

FORBES: The Global 2000

Bankruptcy is a fairly straightforward proposition when a business goes belly up: A judge oversees the process of determining how much the debtor can pay and how much each creditor will be paid in the reorganization.

FORBES: Muni Bankruptcies Set Up War Between Pensioners And Bondholders

"The initiation of a process to sell the Personalized Imaging and Document Imaging businesses is an important step in our company's reorganization to focus our business on the commercial markets and enable Kodak to accelerate its momentum toward emergence, " said Antonio M.

ENGADGET: Kodak to sell the film business that made it so famous (update)