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Tyson Fresh Meats Inc. v. Hollifield Ranches Inc. (In re Hollifield Ranches Inc.)

Tyson Fresh Meats Inc. v. Hollifield Ranches Inc. (In re Hollifield Ranches Inc.)

Ruling
Creditor entitled to administrative expense claim despite use of short hedges to carry out contract with debtor to acquire and feed cattle.
Issue(s)
Should creditor be denied administrative expense claim for failure to performing its contractual duty to manage cattle market risks in a reasonable and customary manner due to use of short hedges.

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Commercial opinion summary, case decided on November 07, 2013 , LexisNexis #1213-046