Dean Foods Seeks Farmer Payments to Settle Debt

Dean Foods filed for Chapter 11 Bankruptcy a little over a year ago and was purchased by Dairy Farmers of America six months later. Now the company has notified dairy farmers they’re seeking help paying off its debts. Documents sent to farmers indicate they’re responsible by December 19 for anywhere between $4,000 to $14,000 to settle the company’s debts based on payments those farmers received from the company prior to filing bankruptcy. But thus far, those documents have yet to be authorized by the court overseeing Dean Foods’ bankruptcy proceedings, so affected farmers say they’re skeptical of the legitimacy of the “bills.” See more on this developing story.