Dean Foods – Preference Demands

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Many farmers and farm credit associations which hold milk assignments received preference demands this week seeking to recover payments made by Dean Foods or its affiliates during the 90-days prior to their respective bankruptcy filings. We understand that such letters are unsettling as farmers may already have significant unpaid claims against Dean Foods and didn’t do anything inappropriate while doing business with Dean Foods. Our team of bankruptcy attorneys has extensive experience helping farmers and farm credit associations evaluate their defenses to these bankruptcy preference claims – such as new value or ordinary course of business- which may help reduce or eliminate this preference liability.

For more information about preference demands and your legal rights, watch the video below.

Nexsen Pruet serves clients from nine offices across the Southeast. With more than 200 lawyers and professionals, the firm provides regional, full-service capabilities with international strengths.