New Information on the VeraSun Bankruptcy Preference

The National Corn Growers Association released additional information today on responding to the VeraSun Bankruptcy Preference. The information includes additional defenses to be considered by producers. The new defenses can be found under part 3 at this link with the rest of the original NCGA response guide.

Please don’t forget about the public meeting that will be held tomorrow, Tuesday, September 14, 2010 from 7:00 to 9:00 pm at the downtown Holiday Inn in Sioux Falls. The meeting will take place in the International East room on the lobby level.

The meeting is open to the public and attorney(s), Mark Meierhenry and/or Patrick Glover, will be on hand to answer questions. Meierhenry and Sargent LLP is not your legal representation unless you decide to hire the firm.

Iowa State University analysis link: http://www.calt.iastate.edu/briefs/CALT%20Legal%20Brief%20-%20Verasun-Trustee%20Recovery.pdf

The South Dakota Corn Growers Association cannot give you legal advice, but we will be sharing information with corn growers and the public as it becomes available. If you have further questions, please call our Executive Director, Lisa Richardson at 605-334-0100.

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