VeraSun to farmers: Pay us back - Omaha.com
Nebraska farmers who sold corn to the former VeraSun Energy Corp. have been receiving notices from law firms in New York demanding that they pay back any money received from VeraSun 90 days prior to the company filing Chapter 11 bankruptcy Oct. 31, 2008.Flashback: Al Gore Saved The Ethanol
The money is to be returned to the bankruptcy-reorganized VeraSun.
VeraSun operated ethanol plants in Ord, Central City and Albion.
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More than $100 million could be at stake.
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Rempke said the Farm Bureau is also telling farmers who received letters that they should respond in writing, after consulting an attorney, because failure to respond could result in litigation and the bankruptcy court potentially authorizing 100 percent repayment to the reorganized VeraSun entity.
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