Pennsylvania provides an out for Dean farmers
Pennsylvania provides an out for Dean farmers In late November, hundreds of dairy farmers received letters from a Minnesota law firm representing the Dean Foods Estate. Those attorneys for the estate laid the claim that milk payments during the 90-day period immediately after Dean’s bankruptcy filing on November 12, 2019, fell under “the Preference Period from the Debtor.” In short, the unscrupulous attorneys wanted dairy farmers to return a portion of their milk checks. Pay up by December 24, 2020 (Christmas Eve), and they’d only charge 10 cents on the dollar. Hoard’s Dairyman Note...
Source: hoards.com