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Tag "chapter 11 bankruptcy"

Proposed Senate Bill Would Limit Venue for Companies Filing Bankruptcy – DTN

Proposed Senate Bill Would Limit Venue for Companies Filing Bankruptcy – DTN

👤By Todd Neeley DTN Staff Reporter 🕔Jan 12, 2018

On Oct. 11, 2008, one of the nation’s largest ethanol producers, VeraSun Energy, filed for Chapter 11 bankruptcy protection. The action left thousands of farmers who sold corn to the South Dakota company’s ethanol plants at a loss.   What compounded

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Farming and Bankruptcy – 9 Lessons You Need to Know

👤By Donald L. Swanson - Guest Writer, Center for Agricultural Law and Taxation, Iowa State University 🕔Jan 22, 2015

My practice of bankruptcy law began in 1980 under the brand new Bankruptcy Reform Act of 1978. An economic recession was on the horizon. Farm real estate values were high and commodity prices were relatively good, but shortly thereafter everything changed.

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