Commodity Markets, Marketing Measures Take Leap Forward
When those in the agriculture industry speak of “marketing”, they aren’t referring to computer-generated geckos hawking insurance or bikini-clad models posing with a low-calorie beer. They mean using information, technology and infrastructure to ultimately make their operation as profitable as possible. read more >
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Turner Grain Trustee Asks for Chapter 7 Liquidation
Acting United States Trustee Daniel Casamatta says keeping the company in Chapter 11 is just costing the company additional administrative expenses. read more >
Turner Grain’s Dale Bartlett Claims Ignorance in Company’s Collapse
As his creditors’ claims have grown exponentially, Dale C. Bartlett has sworn in bankruptcy court that he had no idea what caused the collapse last summer of Turner Grain Merchandising of Brinkley, the business he co-owned until a year ago. read more >
by Mark Friedman -
Lawsuit Says Turner Grain Companies Shared Assets as ‘Same Entity’
The financial mess at Turner Grain Merchandising Inc. of Brinkley is getting messier. read more >
Receiver Says Mixed Ownerships Complicating Turner Grain Case
Bankruptcy attorney Kevin Keech of North Little Rock, who has been acting as receiver for Turner Grain, has asked a judge for more power to investigate at least eight of Turner’s related companies. read more >
Turner Grain Merchandising Files $25M Bankruptcy
Turner Grain Merchandising Inc. of Brinkley filed for Chapter 11 bankruptcy protection Thursday, listing $24.8 million in debts and $13.8 million in assets — the same amounts listed in a draft of the bankruptcy filed Oct. 14. Turner's filing lists $23.8 million of creditors holding unsecured claims. read more >
by Mark Friedman -
Turner Grain Collapse Prompts Legislation
The Arkansas Agriculture Department is working on legislation to prevent companies like Turner Grain Merchandising Inc. of Brinkley from suffering similar collapses that cost farmers millions of dollars. read more >
by Mark Friedman -
Turner Grain Close to Filing $25M Bankruptcy
Turner Grain Merchandising Inc. of Brinkley appears close to filing for Chapter 11 bankruptcy protection, according to a court filing made last week by the company's receiver. Turner's draft, filed by receiver Kevin Keech of North Little Rock, lists $24.8 million of creditors holding unsecured claims read more >
by Mark Friedman -
Turner Grain Executive Claims $5.5M in Debts, $2M in Assets
Dale Bartlett of Marvell, president of Turner Grain Merchandising Inc. of Brinkley, on Monday filed a more detailed bankruptcy filing, listing about $5.5 million in debts and $2 million in assets. read more >
by Lance Turner -
Receiver Takes Control of Turner Grain
U.S. District Court Judge James M. Moody Jr. named bankruptcy attorney Kevin Keech and his North Little Rock law firm to take control of what’s left of Turner Grain Merchandising Inc. of Brinkley. read more >
Southern Rice & Cotton Says Turner Grain Bounced Million-Dollar Check
Last week, Southern Rice & Cotton LLC filed a lawsuit in Poinsett County Circuit Court against Turner Grain Merchandising Inc. of Brinkley and a number of defendants, including Jason Coleman, Turner’s vice president, and KBX Inc. of Benton. read more >
Mark Pryor, John Boozman Introduce Bill to Help Farmers Affected by Turner Grain
U.S. Sens. Mark Pryor and John Boozman have introduced a bill aimed at providing relief for farmers affected by the collapse of grain dealers. read more >
by Lee Hogan -
Harvest Problems Crop Up in Turner Grain President’s Bankruptcy Case
Lee County farmer Keith Wilkison has asked for an emergency hearing in the personal bankruptcy case of Turner Grain President Dale Bartlett so Wilkison can harvest more than 400 acres in Lee County. read more >
Rabo AgriFinance Inc. Files Suit Against Turner Grain
An agriculture finance company has filed a lawsuit against Turner Grain Merchandising Inc. of Brinkley and its executives, alleging breach of contract and saying Turner owes it nearly $1 million. read more >
by Lee Hogan -
USDA Agrees To Extension for Farmers Affected by Turner Grain
The U.S. Agriculture Department announced last week it will grant an extension for Arkansas farmers, affected by Turner Grain Merchandising Inc. of Brinkley, paying back USDA loans. read more >
by Lee Hogan -
Turner Grain’s Jason Coleman Hires Attorney
It looks like the defendants of Turner Grain Merchandising Inc. of Brinkley will begin to mount their defense. read more >
Turner Grain President Dale Bartlett Files for Bankruptcy
Dale Bartlett, president of Turner Grain Merchandising Inc. of Brinkley, filed for voluntary individual bankruptcy protection Friday morning estimating up to $10 million in debt. read more >
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Officials Uncertain ’91 Bill Would Have Helped in Turner Grain Case
Even if the 78th Arkansas General Assembly had passed a law in 1991 regulating grain dealers, some agriculture officials believe it wouldn’t have prevented the losses threatened by the collapse of Turner Grain Merchandising Inc. of Brinkley. read more >
by Lee Hogan -
Don’t Miss Another Chance (Editorial)
Through no fault of their own, a growing number of farmers — at least a dozen at last count — are spending time in lawyers’ offices rather than in the field, crafting civil suits to claim whatever assets may ultimately be left when the dust settles on Turner Grain Merchandising Inc. of Brinkley. read more >
Report: FBI Investigating Turner Grain
The Central Delta Argus-Sun newspaper in Brinkley is reporting that the FBI is investigating Turner Grain Merchandising Inc., the grain buyer that two groups of farmers have sued over defaults on payments. read more >
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