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Boardman dairy told not to interfere with planned herd auction

SALEM, Ore. (AP) - A judge has ordered an Eastern Oregon dairy not to interfere with the sale of its cattle to satisfy the demands of a major creditor.
 
The Capital Press reports that Morrow County Judge Jon Lieuallen granted a preliminary injunction requiring the owner of Lost Valley Farm to cooperate with an auction set for next week.
 
The order, however, doesn't prohibit the Boardman-based dairy from seeking bankruptcy protection.
 
The creditor, Rabobank, filed a lawsuit seeking to foreclose on the dairy's assets, which serve as collateral for $60 million in defaulted loans.
 
Lost Valley Farm began operating last year, over the objection of environmentalists who feared the big dairy would be a polluter. Those worries came to fruition, with the state earlier this year accusing the dairy of endangering drinking water by mismanaging manure and wastewater.
 
The sides reached a settlement in March, allowing the dairy to continue operations in a limited capacity.
 
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Information from: Capital Press, http://www.capitalpress.com/washington


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