Isn't this about the same thing that went on with all the people who sold corn to Vera Sun (the big ethanol producer) who went bankrupt?
As was stated above, this is to avoid people getting preferential treatment by a company that is on the way out...something like hiring the son-in-law as a consultant for a huge fee right before the bankruptcy hits.
I think there is a way around it...have to prove the transaction was in the course of "normal business" or something to that effect.
With that much $$$ involved, I think talking to an attorney familiar with bankruptcy proceedings would definitely be worth the money.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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