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bankruptcy

Articles: 21 results from the past year. For older articles, see advanced options.

Federal Reserve says US farmers should guard against debt binge if incomes fall
U.S. grain farmers have enjoyed a rare combination of soaring prices and land values since 2009 but if incomes dip as expected they should be careful not to fall into the trap of borrowing against inflated land values, the Kansas City Federal Reserve said in a report on May 3.
Tuesday, May, 07, 2013 - - News

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Faith and business
“At AEFS we are a family of believers. We believe in God, we believe in America, we believe in the family farm and we believe in the Jerusalem artichoke.” — American Energy Farming Systems corporate philosophy.
Monday, April, 29, 2013 - Agweek - Opinion

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Trustee sues MF Global executives over firm's collapse
A bankruptcy trustee has sued Jon S. Corzine and other former MF Global executives, claiming they were “grossly negligent” in the lead-up to the brokerage firm’s collapse.
Wednesday, April, 24, 2013 - New York Times New Service - News

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Bankruptcy case dismissed
A U.S. bankruptcy court has dismissed the case of former Grafton, N.D., farmer Tom Grabanski.
Monday, April, 22, 2013 - Agweek - News

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As crop prices surge, investment firms, farmers vie for land
From the potato fields of Michigan to the high prairies of Kansas, farmers are receiving record prices for their land — but economists and banking regulators warn this boom, like so many before it, could end badly.
Tuesday, March, 19, 2013 - New York Times New Service - News

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Legislative roundup
The second part of Agweek’s two-part state ag legislation series summarizes bills pending in North Dakota and Montana.
Monday, March, 04, 2013 - Agweek - News

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Farmers urged to promote their cause
‘Lead the conversation’ with passion, ag advocate says.
Wednesday, February, 20, 2013 - Agweek - News

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Anderson Seed insolvency case hits one-year mark
The Anderson Seed Co. insolvency this week hit its one-year mark, with a total of more than $5 million still owed to farmers in the Dakotas, and perhaps more in Minnesota.
Thursday, February, 14, 2013 - Agweek - News

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Executive to be sentenced in tomato price-fixing scam
On Tuesday, former company owner Frederick Scott Salyer, 57, will leave house arrest in Pebble Beach and be sentenced in U.S. District Court in Sacramento after pleading guilty last year to charges he bribed purchasing managers at food giants including Kraft Foods Inc. and Frito-Lay.
Tuesday, February, 12, 2013 - Associated Press - News

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Extra funds for MF Global clients
Some may recover all losses.
Monday, January, 07, 2013 - Associated Press - News

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ND beef company still owes farmers
North Dakota Department of Agriculture commences legal action against major shareholder of North Dakota Natural Beef, which still owes producers more than $324,000.
Thursday, January, 03, 2013 - Agweek - News

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Dodd-Frank net might ensnare the family meal
Federal regulators recently roiled America’s farmers with the release of new rules for financial instruments. The Commodity Futures Trading Commission, one of the agencies charged with implementing the Dodd-Frank Wall Street Reform Act, officially announced the new requirements and said they would take effect by year’s end.
Monday, December, 03, 2012 - Agweek - News

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Farmers first
ORIENT, S.D. — Ray Martinmaas wants Anderson Seed Co., or at least someone, to pay.
Monday, November, 19, 2012 - Agweek - News

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Why no jail time?
Dean Tofteland sweeps grain off of the elevator scale at his farmstead south of Luverne, Minn., and says it reminds him of the MF Global Holdings Ltd. case.
Tuesday, September, 04, 2012 - Agweek - News

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N.D. PSC grants Legumex license
The North Dakota Public Service Commission on Aug. 1 granted Legumex Walker Sunflower LLC its requests for grain handling licenses on old Anderson Seed Co. locations in Durbin and Selz, N.D.
Thursday, August, 02, 2012 - Agweek - News

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Judge orders payment to Grabanski partners
A federal judge in Denver has agreed with Tom Grabanski, formerly of Grafton, N.D., who, along with his partners in a farming operation in Colorado, was denied some $8 million in crop insurance indemnities in 2008.
Monday, July, 16, 2012 - Agweek - News

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Lesson Learned
With farmers in the region embroiled in fresher grain company insolvencies, one case — Danielson Grain — has quietly come to a close.
Monday, July, 16, 2012 - Agweek - News

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Latest news
More cattle shot, corn thief jailed
Monday, July, 09, 2012 - Agweek - News

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Falkirk won’t disclose earnings from liquidation
The liquidation of the two Falkirk (N.D.) Elevators drew a good crowd of bidders June 30, though it’s too soon to say how much cash from the liquidation will be available to pay off the elevators’ debts.
Tuesday, July, 03, 2012 - The Bismarck (N.D.) Tribune - News

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Farmers vote to liquidate Falkirk Elevators
Members of the Falkirk Elevators — stations at Falkirk, N.D., and Hazen, N.D., — gathered June 25 in the basement of the Memorial Hall building in Washburn and voted 88-1 to liquidate the elevators, ending nearly 100 years of grain house history in both locations.
Tuesday, June, 26, 2012 - The Bismarck (N.D.) Tribune - News

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