Hundreds of growers across the state of South Dakota and thousands across the nation have received letters from a law firm asking for the repayment of funds due to a VeraSun bankruptcy preference.
First things first, you must respond. DO NOT IGNORE THE LETTER!
Contact an attorney. If you are not sure which attorney to contact, we don’t recommend but are aware of a group of producers working with attorney, Mark Meirerhenry. He can be reached at 605-336-3075.
If you have received a letter, you have until September 30th to respond. Do not wait, South Dakota Corn recommends that you promptly contact an attorney.
The worst thing you can do is not respond or send a large check for something you may not be responsible for.
The National Corn Growers Association has put together a response guide for producers. Click for link.
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.