Former BPI Employees Apply for Financial Aid Fund

Dan Beef, Cattle, Industry News Release

Roughly 700 former Beef Products Inc. (BPI) employees have applied for financial aid from a fund created by a lawsuit settlement with ABC News. Meat industry publication Meatingplace reports that BPI representatives are currently reviewing the applications to determine how it will distribute the funds, taking into account how employees were financially impacted and their length of service. The $10 …


ABC / Disney Settlement with BPI Worth More Than $177 Million

Dan Industry News Release

The settlement between Disney, the parent company of ABC News, and BPI, or Beef Products Inc, is worth more than $177 million. The terms of the settlement agreement are not disclosed. However, last week Disney disclosed a charge of $177 million, “net of committed insurance recoveries,” incurred in connection with the settlement of litigation, during a quarterly finance report. South …