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America's largest milk producer files for bankruptcy from www.pinterest.com
The company, which is the nation’s largest milk processor, said tuesday that it needs to address debt and unfunded pension obligations while it puts the company up for sale. In its bankruptcy petition, dean foods listed $2.29 billion in assets and. The letters which were sent by a lawyer representing dean foods trustees, demanded farmers repay money they were paid for milk shipped during the preference period of the bankruptcy.
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Filed for bankruptcy in november. Amp video_youtube nov 12, 2019. Earlier this month farmers who shipped to dean foods prior to the company’s bankruptcy filing, received debt settlement letters. Dean foods, company sports bettor billy walters was found guilty of insider trading, files for bankruptcy.
