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In re Pilgrims Pride Corp.

In re Pilgrims Pride Corp.

Ruling
Creditor's claims under the Packers and Stockyards Act of 1921 dismissed.
Procedural posture

Citing Fed. R. Civ. P. 52, defendant debtors, businesses operating in the poultry industry, asked the court to enter judgment in their favor on claims by plaintiff poultry producers under the Packers and Stockyards Act of 1921 (PSA) that they had violated § 192 thereof by their conduct in inducing plaintiffs to sign a new contract allowing termination for economic necessity.

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Commercial opinion summary, case decided on March 24, 2011 , LexisNexis #0411-078