Pilgrim's Pride Corporation will likely emerge from bankruptcy protection by the end of the month. According to a company statement, the company's reorganization plan was approved by the U.S. Bankruptcy Court for the Northern District of Texas. 

The company originally entered bankruptcy protection late last year. The bankruptcy was largely due to lower chicken prices and large debts. Under the reorganization plan, the company has sold a number of its plants and other assets. 

If your company is considering filing for bankruptcy protection, contact the Austin bankruptcy attorneys of Slater Kennon LLP, at 512-338-1100.