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Re: littledevils90210 post# 14416

Sunday, 09/23/2012 8:16:53 AM

Sunday, September 23, 2012 8:16:53 AM

Post# of 111126
LD: I can copy-paste too.

"With Judge Frank R Alley presiding, the court approved a reorganization plan with which the Monmouth/Suver based operation that will allow the farm to pay off its creditors over six years. With that approval the farm is officially out of bankruptcy as of Saturday."

"Basically, what Saturday means is the company is no longer in bankruptcy and under the supervision of bankruptcy court….as long as it meets the plan of reorganization,” said Gary Lawrence of Hamstreet & Associates, Olsen Ag’s restructuring advisor."

http://community.statesmanjournal.com/blogs/polk/2012/08/30/olsen-agriculture-to-officially-shed-bankruptcy-saturday/
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