BMO Harris Bank fails to prove fraud against Ron McMartin
A U.S. bankruptcy judge in Fargo, N.D., has discharged a fraud allegation by BMO Harris Bank in the bankruptcy of Ron G. McMartin Jr., of St. Thomas, N.D. McMartin’s McM Inc. farm filed Chapter 7 liquidation in February 2017. McMartin filed a separate but related personal Chapter 7 bankruptcy in September 2017. Creditors filed $62 million in claims, including $43 million from lender BMO Harris. 11:06 am, Mar. 4, 2021 ×
Ron G. McMartin Jr., of St. Thomas, N.D. once was the largest sugar beet farmer in Minnesota and North Dakota. He filed for Chapter 7 bankruptcy liquidation in Feb. 10, 2017. He filed personally on Sept. 11, 2017. Photo taken Dec. 16, 2017, in Becker County, Minn., northeast of Detroit Lakes, Minn. Mikkel Pates / Forum News Service
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