More fallout from New Frontier closing

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

Cockroft Dairy Farm of Kersey, Colo., is the seventh dairy to file for bankruptcy protection following the close of New Frontier Bank earlier this year, reports the Denver Post.

The dairy is seeking to reorganize under Chapter 11, which would allow it some measure of control. Among the 60 creditors listed was New Frontier Bank, which is being liquidated by the Federal Deposit Insurance Corporation. According to the report, debt ranged from $1 million to $10 million.

Source: Denver Post

 



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


AG10 Series Silage Defacers

Loosen silage while maintaining a smooth, compacted bunker space resulting in better feed and less waste. This unique tool pierces, ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight