Displaying items tagged: Boersen Farms Inc
Federal court orders Boersen Farms to pay $14.9 million for unpaid debts
GRAND RAPIDS — A federal judge has ordered the financially-embattled Boersen Farms Inc., related entity Boersen Farms AG LLC, and its owners to pay nearly $14.9 million to Tennessee-based Helena Agri-Enterprises, LLC for unpaid debts.
Default entered against Boersen Farms in Monsanto case; company faces a new lawsuit
ZEELAND — A embattled West Michigan farm operator failed to answer a federal lawsuit filed against it in Missouri and faces new allegations that it failed to pay its bills.
Highly leveraged farmers could face distress amid volatility in ag industry, pricing
Farmers’ increasing use of credit to finance operations has left some operators financially exposed during a volatile period for the industry.
Federal court orders Boersen Farms to pay $19.5 million for equipment leases, contempt
ZEELAND — A federal judge ordered Boersen Farms Inc. to pay more than $19.5 million to a Cottonwood Heights, Utah-based firm it leased equipment from over a two-year period.
Judge removes Boersen Farms from receivership as plaintiff moves to dismiss lawsuit
Boersen Farms Inc., the Zeeland-based farming company that flirted with bankruptcy, is no longer under the control of a court-appointed receiver.