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Home / Opinion Digests / Business Law / Produce Vendors Want Trust Payments (access required)

Produce Vendors Want Trust Payments (access required)

In this suit by fresh produce vendors to collect on their accounts receivable with distributor Let-Us Produce, a Norfolk U.S. District Court denies requests for immediate distribution and construes the controlling federal statute that sets up a trust fund from the distributor’s operating account, and orders the vendors to submit updated claims. It is undisputed that ...

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