Southern Foods Group, LLC filed a joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on November 30, 2020. As per the plan filed, administrative claims, US Trustee fees, professional fee claims, priority tax claims, other priority claims, DIP claims of $425 million and other secured claims will be paid full in cash. Securitization Facility Claims consisting of loans of $180 million and letter of credit of $195.20 million will be paid full in cash. Senior Notes Claims consisting of 6.500% senior notes due 2023 of $700 million, Control Group Liability Pension Claims, Central States Pension Claims and general unsecured claims will be paid through pro rata share of liquidating trust assets. Convenience claims will be paid through pro rata share of convenience claims pool. Prepetition intercompany claims will be reinstated, section 510(b) claims will be cancelled with no distribution, intercompany interests will either be cancelled or reinstated, and all existing interests will be cancelled. The plan will be funded through cash in hand and sale of assets. Southern Foods Group, LLC filed a first modified joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on January 15, 2021. As per the plan filed, other secured claims are $4 million, other priority claim are $0, Senior Notes claims are $707 million with a recovery range of1%-4%, Control Group liability pension claims are $618 million with a recovery range of 2%-5%, Central state pension claims are removed from the plan, general unsecured claims are $363 million with a recovery rate of less than 1% and convenience claims are $15 million with a recovery rate of less than 1%. There is no change in treatment of any claim class. Southern Foods Group, LLC filed a second modified joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on January 27, 2021. As per the plan filed, there is no change in treatment of any claim class.