STATEMENT BY NORTHEY REGARDING VERASUN BANKRUPTCY LETTER
“Many Iowa farmers, who sold grain and received payments in the 90 days prior to the VeraSun bankruptcy filing on October 31, 2008, have received a letter from a New York law firm. If you have received the letter from the Silverman Acampora law firm you need to seek out an attorney for legal advice, preferably a bankruptcy attorney. Contact your attorney before you respond to the letter. Don’t sign anything until you have contacted your attorney; but, it is important to not ignore the letter. State of Iowa officials are consulting with experts to see what ramifications this letter may have on Iowa farmers. As more information becomes available we will make this known on the Iowa Department of Agriculture and Land Stewardship website at www.IowaAgriculture.gov Again, this is not legal advice, please consult an attorney for appropriate legal advice.”
