23 January 2013 18:51 [Source: ICIS news]
HOUSTON (ICIS)--A northeast ?xml:namespace>
According to documents filed with the SEC, foreclosure proceedings were enacted because NEDAK Ethanol, also in Atkinson, Nebraska, is in default on its loan agreements with AgCountry Farm Credit Services and Arbor Bank. A 13 December SEC filing stated that NEDAK Ethanol owed an unpaid loan principal of more than $25m, as well as nearly $1m in accrued late charges and interest as of 9 October.
When operational, the
Choice Ethanol Holding has not released information on its plans for the
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