Pilgrim's Pride Corp filed for Chapter 11 bankruptcy on December 1. On Wednesday they said that they have been granted more time to file a plan of reorganization.

This moves the company's deadline for filing the plan from March 30 to September 30 of this year. The company hopes to exit bankruptcy by the end of the year.

If you are considering filing for bankruptcy, contact the Austin bankruptcy attorneys of Slater Kennon LLP at 512-338-1100.