National Ag News
West Michigan farm facing lawsuits totaling $150 million
Aug 31, 2017, 14:56 PM
by
System
A large west Michigan farm operation is facing various lawsuits seeking damages of nearly $150 million dollars.
A Grand Rapids television station reports Boersen Farms–headquartered in Zeeland–has six debtors filing suit, including Minnesota-based securities company CHS Capital.
CHS says it fronted capital to Boersen Farms and claim they failed to comply with the repayment agreement.
Deere and Company, CNH Industrial Capital, and Strategic Funding Source are among other entities suing Boersen’s businesses.
Continue reading West Michigan farm facing lawsuits totaling $150 million at Brownfield Ag News.
