Alabama case, can benefit from its creditors Cattleman Missouri.
Creditors of the bankrupt Missouri cattle can collect millions of dollars by bringing an action for annulment against IBP Inc., said a lawyer for investors Tuesday.
Missouri cattleman George L. Young, whose cattle empire collapsed last August, had sold approximately $ 143 million worth of cattle to IBP Inc.
It would be one who could collect the money, if a court rules in Alabama, Young’s business was too little money for livestock.
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