Ethanol Co.'s Ch. 11 Sparks Fight Over $4.7M Of Corn
Clean Burn filed for Chapter 11 protection in April and is holding 553,000 bushels of corn at its Raeford, N.C., ethanol plant that the debtor, its supplier Perdue, and its chief lender Cape Fear Farm Credit ACA all contend belongs to them.
Perdue urged the...
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