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Monday, May 27, 2024
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LEGAL: JOSEPH WELCH

SHAREHOLDER, BUCHALTER

WHY: Co-Chair of the law firm’s Agribusiness/Agrifinance group, where he helps clients address the sector’s challenges in supply chains, financial volatility, risk mitigation, and other business issues.

IN THE NEWS: Represents the official committee of unsecured creditors for Easterday Farms in the largest pending agricultural bankruptcy cases in the country, with over $300M in claims and $200M in assets liquidated to date.

NOTABLE: The Easterday cases, known locally in Washington state as “Cattlegate,” came about when Cody Easterday, who managed the Easterday’s three-generation family farm, pled guilty to federal charges for defrauding Tyson Foods of over $230M by selling them 200,000 “ghost cattle.”

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