Posted 3/2/2012 21:46 (#2264079 - in reply to #2264066) Subject: RE: So what will happen to the undelivered contracted grains?
Isn't someone holding undelivered, but contracted grain in their bins viewed as an unsecured creditor..?
In other words the Administrators can come and take it away and you MIGHT get 5 c in the dollar.
Seems incredible, but Ive come across it before.
Whoever coined the phrase "the Law is an ass" had been around a bit.