A bankruptcy trustee finds himself trying to navigate the Dealer Trust Act, a 2-year-old law that only recently has published regulations and has no cited case law or precedent on how to handle it. USDA has asserted the cases involving a bankrupt cattle operation in Kentucky and Texas are the first time the Dealer Trust Act has been used.
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- Senator Deb Fischer
U.S. Senator Deb Fischer (R-Neb.), a member of the Senate Commerce Committee and the Senate Agriculture Committee, released the following statement today after additional Senate cosponsors signed on to her Haulers of Agriculture and Livestock Safety (HAULS) Act, and bipartisan companion legislation was introduced in the U.S. House of Representatives:
âI am pleased to see my bipartisan legislation gaining momentum in both chambers of Congress. Ag and livestock haulers play an important role transporting food and fuel across America. The HAULS Act will ensure that these haulers can do their critical jobs safely and efficiently.â