Bankruptcy
May 24, 2013
Attorneys grapple with complexities of dairy bankruptcies
Over the past few years, hundreds of dairy farmers in the state - caught in a battle between high feed costs and lower dairy demand - have felt increasing pressure from lenders to either repay their debts or file for bankruptcy.
Daily Journal Staff Writer
The adage "don't cry over spilled milk" has taken on a whole new meaning for dairy farmers in California. Over the past few years, hundreds of dairy producers in the state - caught in a battle between high feed costs and lower demand for their products - have felt increasing pressure from lenders to either repay their debts or file for bankruptcy. More than 300 California dairies have ende...
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