This case follows an investigation about the Easterday Ranches filing bankruptcy. While this case is occurring, Tyson

Fantastic news! We've Found the answer you've been seeking!

Question:

This case follows an investigation about the Easterday Ranches filing bankruptcy. While this case is occurring, Tyson foods has accused the ranch of selling them cattle that never showed up. There were 200,000 cows that had gone missing in which Tyson foods had never seen them. Easterday Ranches have filed for Chapter 11 bankruptcy protection law. Chapter 11 would allow for the reorganization of Easterday Ranch. It was stated in the complaint filed by Tyson that what they were charged for these non-existent cattle included the cost of purchase, feed, and any other provisions needed to sustain 200,000 of this livestock. Back in October, this company claimed they only had 186,000 cows after supposedly caring for 200,000 for Tyson for years. By filing for Chapter 11 in bankruptcy protection, the owners of Easterday may be allowed to keep possession of the assets as described in chapter 31 under debtor in possession. Clouse, T. (2021, February 03). 200,000 allegedly missing cows are at center of major Washington cattle operation's bankruptcy. Retrieve