STAFF BLOG THE N.D. CAPITOL AND BEYOND Goehring urges corn producers to seek legal advice
BISMARCKAgriculture Commissioner Doug Goehring is urging corn producers to consult an attorney if they receive a letter from a New York law firm telling them they must repay money they received from c... Posted on 9/7/10 at 4:37 PM
SIOUX FALLS, S.D. — Midwest farmers who sold corn to bankrupt ethanol producer VeraSun Energy Corp. have been receiving official letters asking for most of that money back.
Although the request carries legal precedent, trade association groups say growers have a defense and should consult an attorney before sending any money. They do have to respond though — and promptly, the groups advise.
Shannon Hannappel, who farms 1,400 acres near Clarks, Neb., said Thursday she thought she was done dealing with VeraSun until she received a letter requesting an $80,000 repayment.
By Dirk Lammers, The Associated Press
, September 03, 2010
After months of living on government loans, Chrysler finally succumbed to bankruptcy Thursday, pinning its future on a top-to-bottom reorganization and plans to build cleaner cars through an alliance with Italian automaker Fiat.
By Tom Krisher and Stephen Manning, The Associated Press
, May 01, 2009
Financially strapped Sirius XM Radio Inc. said Friday that it could file for bankruptcy as early as Tuesday if it cannot successfully negotiate with the holders of its debt.
February 14, 2009
Showing 1 - 5 of 5
View your ad here! Cost effective targeted advertising. Contextual advertising starting as low as $79/month. This includes targeted ad delivery and search results! Add your business to the Marketplace »