BLUE STREAM FARMS, LLC and WILD CAT FARMS, LLC

Case Highlights

• Managed dairy farm assets and ensured compliance with applicable dairy regulations
• Achieved sale price for each farm well in excess of stalking horse bids
• Established proactive lagoon management program suitable to ODA and EPA

Case Narrative

DSI was appointed Receiver in a matter that commenced in the Northern District Court of Ohio involving two separate 500-plus head dairy farms that had operated under the Concentrated Animal Feeding Operation (CAFO) regulatory framework. In administering the estate, the Receiver ensured that the farms were in compliance with applicable CAFO regulations, negotiated lease agreements with local farmers that preserved the value of the properties and structured a public sale process designed to ensure the highest and best possible bids.  As a result of this sale process, along with the Receiver’s marketing efforts and negotiations with potential buyers, the properties were sold for amounts well in excess of the initial stalking horse bids.