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bankruptcy

Articles: 64 results from the past year. For older articles, see advanced options.

Northern SD beef plant files bankruptcy protection
An attorney for Northern Beef Packers in Aberdeen says the company has filed for Chapter 11 bankruptcy protection.
Monday, July, 22, 2013 - - News

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Trustee wants Chapter 7 bankruptcy for SD beef plant
A federal trustee asked a judge Tuesday to convert a troubled South Dakota beef processing plant’s bankruptcy to a Chapter 7 liquidation.
Tuesday, August, 27, 2013 - Associated Press - News

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Grabanski stops sale of his ND assets by filing Chapter 7 bankruptcy
Farmer Tom Grabanski has at least temporarily stopped a courthouse sale of his Grafton, N.D., home, as well as several other area properties, by filing Chapter 7 bankruptcy. The auction had been scheduled for July 30.
Tuesday, July, 30, 2013 - Agweek - News

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White Oak Global Advisors wins Northern Beef Packers auction
White Oak Global Advisors will be the new owner of Northern Beef Packers, which filed for bankruptcy in July because it lacked money to buy cattle for slaughter. White Oak’s bid includes $39.5 million in credit and $4.8 million in cash to satisfy prior liens.
Monday, December, 09, 2013 - Associated Press - News

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No hearing Thursday in beef plant bankruptcy case
A planned hearing on a South Dakota beef packing plant's request to obtain secured credit is off the calendar.
Wednesday, August, 21, 2013 - - News

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Judge allowing SD beef plant to hire banking firm
A bankruptcy judge is allowing an idled South Dakota beef packing plant to employ an investment banking firm to pursue a sale.
Tuesday, September, 17, 2013 - - News

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Troubled SD beef plant borrowing $512,000 to pay bills
A federal judge is allowing Northern Beef Packers to borrow $512,000 to pay bills as its Chapter 11 bankruptcy case continues.
Saturday, September, 14, 2013 - - News

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SD beef plant seeks financing to avoid liquidation
An idled South Dakota beef processing plant is making another attempt at financing an auction sale in an attempt to prevent its bankruptcy case from moving toward liquidation.
Tuesday, September, 10, 2013 - - News

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Judge OK’s SD beef plant’s credit request
A federal bankruptcy judge on Thursday approved an idled South Dakota beef packing plant’s request for $2.25 million in credit so it can employ an investment banking firm to pursue a sale.
Friday, September, 27, 2013 - Associated Press - News

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Processing plants look to laid-off SD plant employees
Some processing plant recruiters have been mining Aberdeen, S.D., for former Northern Beef Packers employees after the company filed for Chapter 11 bankruptcy protection last month.
Monday, August, 19, 2013 - - News

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California investment firm wins auction for Aberdeen beef plant
SIOUX FALLS, S.D. — A San Francisco-based investment banking firm has submitted the winning $44.3 million bid for an idled South Dakota plant during a bankruptcy court auction Thursday in Sioux Falls.
Friday, December, 06, 2013 - Associated Press - News

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Northern Beef worker claims company didn’t give notice
A man laid off by Northern Beef Packers in Aberdeen has filed a class-action lawsuit against the plant that has filed for bankruptcy. Jorge Alvarado claims he and others weren’t given proper notice before losing their jobs.
Wednesday, October, 16, 2013 - - News

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Laid-off beef plant workers gather outside plant
Laid-off workers at the Northern Beef Packers plant sought answers July 26 on when they will get their delinquent paychecks, but state Labor Department officials said the plant’s bankruptcy proceedings have halted a process that would have allowed the workers to get at least partial compensation.
Monday, July, 29, 2013 - - News

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Grabanski attorney asks for dismissal of malpractice charge
The attorney who has represented former Grafton, N.D., farmer Tom Grabanski in a slew of federal bankruptcy matters relating to farming partnerships in Texas and elsewhere, has asked for dismissal of a legal malpractice charge filed by the court-appointed trustee in the case.
Monday, July, 08, 2013 - Agweek - News

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Lawsuit against MF Global's Corzine could be near
Federal regulators are poised to sue Jon S. Corzine over the collapse of MF Global and the brokerage firm’s misuse of customer money during its final days, a blowup that rattled Wall Street and cast a spotlight on Corzine, the former New Jersey governor who ran the firm until its bankruptcy in 2011.
Tuesday, June, 25, 2013 - New York Times New Service - News

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Latest news
Northern Beef Packers has filed for Chapter 11 bankruptcy, a trial date is set for two Minn. men accused of animal cruelty, and North Dakota's milk production for third quarter 2013 has already surpassed milk production for third quarter 2012.
Monday, July, 29, 2013 - - News

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Latest news
A federal trustee has asked a judge to convert the Northern Beef Packers plant's bankruptcy into a Chapter 7 liquidation, a N.D. man has plead guilty to three counts of starving cattle, and an elderly N.D. man was killed in a tractor fire near Minto.
Tuesday, September, 03, 2013 - - News

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Latest news
Authorities in Minnehaha County, S.D., have cited a teenager in a hit-and-run incident that killed three horses, a federal bankruptcy judge on Sept. 26 approved an idled South Dakota beef packing plant’s request for $2.25 million in credit so it can employ an investment banking firm to pursue a sale, and a review has upheld the suspension of a championship steer at this year’s Calgary Stampede for the use of banned substances.
Monday, September, 30, 2013 - - News

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Wis. beef company bids for idled SD plant
SIOUX FALLS, S.D. — A Green Bay, Wis.-based beef processing company has submitted the minimum $12.75 million bid for an idled South Dakota plant.
Wednesday, December, 04, 2013 - Associated Press - News

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Northern Beef Packers’ state loan cancelled
Northern Beef Packers in Aberdeen, S.D., won’t receive a $5 million loan from the state Board of Economic Development.
Wednesday, January, 15, 2014 - Agweek - News

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