A Massive Bankruptcy and Cattle Fraud Case Looks to Interpret New Livestock Protection Law
A bankruptcy trustee finds himself trying to navigate the Dealer Trust Act, a 2-year-old law that only recently has published regulations and has no cited case law or precedent on how to handle it. USDA has asserted the cases involving a bankrupt cattle operation in Kentucky and Texas are the first time the Dealer Trust Act has been used.
Source: dtnpf.com
