Chapter 11 for strapped farmers urged by Chicago attorney
Chicago farm law attorney Jeff White spoke to about 40 area farmers on how Chapter 11 can buy time and protect creditors while reorganizing. He warned that if cash flow is near zero and net worth is negative, liquidation under Chapter 7 may be wiser, and cited examples like the Laufenbergs whose milk assignment was lifted to ease debt.
MENTIONED IN THIS ARTICLE
Chicago
Mr. White
White
Wisconsin
Laufenberg
Internal Revenue Service
Laufenbergs
Jeff White
Madison
Farm couple finds Chapter 11 aid for staying on the farm
Bill and Linda Laufenberg credit a Madison attorney and Jeff White for guiding their Chapter 11 reorganization, letting them keep farming. A crowd at Eau Claire heard how Chapter 11 can improve credit access and creditor treatment, reducing the need to quit farming despite bankruptcy pressures.
MENTIONED IN THIS ARTICLE
Bill
Linda Laufenberg
Rt. 1
Alma Center
White
Ramada Inn
Eau Claire
Chicago
Madison
Laufenberg
Mixed results at Ettrick Sparta hay sales
Two La Crosse area hay auctions within a week showed divergent offerings. At Ettrick the Midwest Livestock Producers sale barn sold 11 hay lots to 100 plus buyers with prices from 50 to 125 per ton for hay ranging from poor to 16.5 percent protein. At Sparta Equity Livestock Sales saw 34 lots to 100 plus buyers with prices from 82 to 124 per ton for hay from 17.8 to 21.3 percent protein, plus two straw lots at 1.80 and 1.90 per bale.
MENTIONED IN THIS ARTICLE
la Crosse Area
Ettrick
Sparta
Midwest Livestock Producers Sale
Duane Johnson
Equity Livestock Sales Association
New Tobacco Loan Rates Announced by USDA for 1985 Crop
The USDA issued loan rates for 1985 crop cigar binder and filler tobaccos types 42 44 54 53 based on a national average support level of 90.7 cents per pound unchanged from 1984. Ohio filler rates range 50 cents to 1 per pound while Wisconsin 54 and 55 show varied cents to over a dollar per pound with deductions for administrative costs. Price support advances are limited to original producers.
MENTIONED IN THIS ARTICLE
USDA
Ohio
Wisconsin
Ohio Association
Southern Wisconsin Association
Northern Wisconsin Association
Also Mentioned on This Page
Linda
Ags
America
Jackson County
Eau Ene Artney
Bill Laufenberg
West Salem
Gilman Tractor & Impl., Inc
Gilman, WI
Badger
Bloomer, Inc
Bloomer, WI
Wayne
Plum City
Mondovi Imp. Co., Inc
Mondovi
New Econo
Omar
Inter. CO. Dairy Equip
New Richmond
de Laval
Potters Refrig
Exeland
Rice Lake
Helgeson Equip, Supply Inc
Woodville
Viroqua
Bluemee
Rosendale
Bluemee& Sons CO
Rosendale, Wisconsin
Badger Dealers
Appleton, WI
R&m Farm Systems
Barronett
Rodger Lundeen
Chippewa Falls
CIGAN
Wissota Badger Sales
INCI
Oconto
WI Dumee Brothers
Prairie Farm
ALCON
Allen Saibury
Stratford, WI
Stratford Co-Op
Slinger
Strobush Badger Sales
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!