Judge grants order to feed 54K cattle caught up in Easterday legal case

A bankruptcy judge on Wednesday issued an emergency order directing banks and others to make funds available to allow Easterday Ranches Inc. to continue to feed 54,000 cattle in a feedlot near Wallula, Washington.

The judge ruled in favor of a request by Easterday Ranches after it filed for bankruptcy this week, claiming it owes more than $236 million to its top 20 creditors.

That bankruptcy filing followed a lawsuit filed in state court by Tyson Foods Inc., in which the company alleges Easterday Ranches defrauded it out of more than $225 million related to Easterday’s purchase and feed bills for 200,000 cattle that never existed.

The case of

→ Continue reading at The Spokesman-Review

Related articles

Comments

Share article

Latest articles