Farmer kills 12,000 chickens before going bankrupt

By: Associated Press Email
By: Associated Press Email

WAVERLY, Colo. (AP) -- Grant Family Farms owner Andy Grant says he was forced to kill 12,000 chickens that he could not afford to feed before he filed for bankruptcy.

Grant says financers who loaned the farm north of Waverly $1.5 million assumed control of its finances and withheld funds from egg sales for feed. He says he did the most humane thing possible, killing the chickens before they starved.

According to the Fort Collins Coloradoan, the 2,000-acre farm closed last month and filed Chapter 7 bankruptcy. The bankruptcy required the business to liquidate its assets.

Michael Brownlee, co-founder of Localization Partners LLC that loaned Grant the money, says the chicken operation was separate from the farm and his firm had no obligation to pay for feed.

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  • by Anonymous on Jan 17, 2013 at 10:07 AM
    If the chicken operation was seperate from the farm, then the financers did not have the right to funds from the sale of eggs.
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