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01-16-2009, 05:48 PM #1
LMA Helps 7 Member Markets Recover $1.43M From Agriprocessor
1/16/2009 2:39:00 PM
LMA Helps 7 Member Markets Recover $1.43M From Agriprocessors, Inc
Action authorized by Livestock Marketing Association’s Executive Committee, including shouldering a major portion of the legal fees, has helped seven LMA member markets recover approximately $1.43 million from Agriprocessors, Inc., Postville, Iowa.
The money is for livestock the markets sold to the firm, but weren’t paid for, before it filed a Chapter 11 federal bankruptcy petition last November. According to court documents, Agriprocessors was described as “one of the largest kosher meat and poultry packing and food processorsâ€
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