SALEM, Ore. (AP) — A judge has ordered an Oregon dairy not to interfere with the sale of its cattle to satisfy the demands of a major creditor.
The Capital Press reports that Morrow County Judge Jon Lieuallen granted a preliminary injunction requiring the owner of Lost Valley Farm to cooperate with an auction set for next week.
The order, however, doesn’t prohibit the Boardman-based dairy from seeking bankruptcy protection.
The creditor, Rabobank, filed a lawsuit seeking to foreclose on the dairy’s assets, which serve as collateral for $60 million in defaulted loans.
Most Read Nation & World Stories
- Nation's new aircraft carrier enters next phase at shipyard
- John Cynn claims World Series of Poker title, wins $8.8M VIEW
- Pussy Riot upstages Putin with protest that halts World Cup VIEW
- Arizona man arrested after trying to pull over troopers
- Trump's remarks about changing European culture draw ire WATCH
Lost Valley Farm began operating last year, over the objection of environmentalists who feared the big dairy would be a polluter. Those worries came to fruition, with the state earlier this year accusing the dairy of endangering drinking water by mismanaging manure and wastewater.
The sides reached a settlement in March, allowing the dairy to continue operations in a limited capacity.
Information from: Capital Press, http://www.capitalpress.com/washington