(Editor’s note: A previous version of this story incorrectly used the Easterday Farms Produce Co.’s logo. This logo is unrelated to either of the debtors or the bankruptcy; there is no evidence that Easterday Farms Produce Co. has engaged in anything but commercially ethical conduct. WLJ apologizes for any suggestion that Easterday Farms Produce Co. was involved in any of the conduct or activities referenced in this article.)
Tyson Fresh Meats is battling to purchase the Easterday Ranches’ feedlot in Washington after President Cody Easterday pled guilty for fraud.
The company originally sold the feedlot to AgriBeef for $16 million before filing for bankruptcy. Tyson filed suit against the sale, arguing it was “woefully inadequate” and defrauded Easterday’s creditors.
The complaint alleged Tyson originally offered $25 million for the feedlot but was not given the opportunity to bid for the facility. AgriBeef is prepared to defend the sale and filed a separate document with the court.
