Cattle farmers get mediation in Eastern Livestock bankruptcy

jpatton1@herald-leader.comOctober 7, 2012 

Hundreds of Kentucky farmers, markets, truckers and veterinarians who have filed claims for millions of dollars in the Eastern Livestock cattle brokerage bankruptcy will get a chance to make their case.

Victims can participate in global mediation in Louisville Oct. 9 and 10, according to the Kentucky Department of Agriculture. In August, Agriculture Commissioner James Comer asked for mediation in the case. Eastern Livestock of New Albany, Ind., was forced into bankruptcy in 2010 in what has been called a check-kiting scheme; so far, no disbursements have been made, but Comer said he's optimistic that could change now.

"These valued members of our agriculture family have suffered enough," Comer said in a news release Friday. "We are grateful the process is now moving in the right direction, but we will continue to watch closely and keep the pressure on until the last check is cut."

For more information about the mediation, call the Kentucky Department of Agriculture at (502) 573-0450.

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