Having received many calls regarding the VeraSun Bankruptcy situation and the attempts that are being made to recover money from corn suppliers, Roger McEowen, Center of Agricultural Law and Taxation (CALT) director, has written a detailed article outlining what this means to parties that supplied corn to VeraSun within 90 days of the bankruptcy filing. Legal counsel for the "reorganized debtors" has sent letters to these parties offering to settle preference claims. The article is available on the CALT website at http://www.calt.iastate.edu/.
This article was published originally on 9/1/2010 The information contained within the article may or may not be up to date depending on when you are accessing the information.
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