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Pipeline Foods claw back
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sampsen
Posted 7/2/2022 13:55 (#9730810 - in reply to #9730761)
Subject: RE: Pipeline Foods claw back


Dagmar, MT
The brutal reality of bankruptcy is the lawyers will do everything they can to maximize their return. So it's them....and the judges....fighting the unsecured creditors for whatever is left after the secured creditors are satisfied. The claw-back is just another kick in the nuts but some producers probably didn't get paid in that 3 month look-back period so the ones that did get paid have to share the pain.
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