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AgFeed USA, LLC
Case Number:
1:13-bk-11761
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September 15, 2014
AgFeed Strikes SEC Deal, Gets Nod For Disclosure Statement
A Delaware bankruptcy judge on Monday gave hog farmer AgFeed Industries Inc. the green light to solicit votes for its Chapter 11 liquidation plan, which features a recently inked $18 million settlement with the U.S. Securities and Exchange Commission that resolves litigation over alleged accounting fraud.
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August 22, 2014
AgFeed Reaches Deal With Foley & Lardner
Foley & Lardner LLP and several other creditors will receive more than $11 million in settlements with defunct agricultural supplier AgFeed USA LLC that won approval in Delaware federal bankruptcy court Thursday.
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March 31, 2014
AgFeed Settles With SEC, Gives Up Securities Registration
Defunct agricultural supplier AgFeed USA LLC will give up its securities registration as part of a settlement with the U.S. Securities and Exchange Commission, which was approved by a Delaware bankruptcy judge on Monday.
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November 26, 2013
AgFeed's $45M Sale Of Chinese Assets Gets Judge's OK
A Delaware bankruptcy judge gave the nod Tuesday for hog grower AgFeed Industries Inc. to sell its Chinese assets to Hong Kong firm Good Charm International Development Ltd. in a deal that is expected to net the debtor $45 million once several highly negotiated price adjustments are factored in.
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November 15, 2013
AgFeed Blasts Trustee's Objection To Exec Bonus Plan
Hog grower AgFeed Industries Inc. balked Friday at a request from the U.S. trustee's office for the court to reconsider its executive bonus plan, arguing that a Wells notice issued by the U.S. Securities and Exchange Commission in September is not new evidence, as the bankruptcy watchdog contends.
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October 10, 2013
$51M Stalking Horse Bid For AgFeed's China Units Wins OK
A Delaware bankruptcy judge on Thursday approved Hong Kong firm Good Charm International Development Ltd.'s $50.5 million stalking horse bid for hog grower AgFeed Industries Inc.'s Chinese assets, about one month after AgFeed sold its U.S. units in a $80 million deal.
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October 01, 2013
AgFeed Judge Nixes Bid For Ch. 11 Examiner To Probe Fraud
A Delaware bankruptcy judge rejected on Tuesday the U.S. Trustee's bid for a Chapter 11 examiner to probe AgFeed Industries Inc.'s finances, saying a fraud investigation of the company's Chinese units should occur, but at present could foil an asset sale.
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September 30, 2013
AgFeed Judge Must Appoint Ch. 11 Examiner, Trustee Argues
The U.S. Trustee's Office urged a Delaware bankruptcy judge Monday to appoint an examiner to probe the finances of AgFeed Industries Inc. China-based operations, while the bankrupt hog farmer and its stakeholders countered that doing so would threaten a planned $50 million sale of its Chinese assets.
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September 25, 2013
AgFeed Says Ch. 11 Examiner Could Derail $50M China Deal
Bankrupt hog grower AgFeed Industries Inc., along with its creditors and equity holders committees, balked Wednesday at a request from the U.S. Trustee's Office to appoint an examiner to investigate its operations in China, arguing the move would risk unraveling the planned $50 million sale of its Chinese assets.
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September 20, 2013
AgFeed Inks $53M Sale Of Chinese Assets Amid Scrutiny
Bankrupt AgFeed Industries Inc. agreed to sell its Chinese assets to a Hong Kong business for $52.8 million last week as the U.S. Trustee's Office asked a Delaware bankruptcy judge to appoint an examiner to learn more about the state of AgFeed's Chinese operations.
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