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Easterday Ranches files bankruptcy after Tyson sues over non-existent cattle

For Tri-State Livestock News At the end of January, Tyson Fresh Meats filed a lawsuit against one of the largest farming and ranching families in Washington, Easterday Ranches, in an effort to recover losses from fictitious fed cattle sales and feed costs. Additionally, Tyson was hoping to recover 54,000 head of cattle still standing in an Easterday feedlot north of Pasco, Wash. The lawsuit was filed in Franklin County Superior Court in Pasco. On Feb. 1, days after Tyson sued Easterday Ranches, the ranching operation filed for chapter 11 bankruptcy in federal court. Official Form 204 in Easterday Ranches’ bankruptcy filings lists 20 of their largest unsecured claims. The top unsecured claim comes from Tyson Fresh Meats with at least $225 million. The second largest unsecured claim comes from Segale Properties at $8,647,408.57. All 20 unsecured claims add up to $236,671,645.

Transcripts For KPIX CBS 5 Eyewitness News At 6AM 20111013

sort of damage. there is concern that one of the rails could be warped. it was two amtrak trains that collided head on last night. one of them was stopped here at the station unloading passengers. the other was going about 20 miles an hour. again, 17 people injured, six of them taken to the hospital. it was the coast starlight train that was stopped here at the station. that one goes from l.a. to seattle. it was letting passengers off here when a commuter train headed from bakersfield is the one that hit it head on. the impact sent the coast starlight off the rails, slamming into a concrete platform. the other train s engine also derailed. when we get to the station, we are slowing down to complete the stop down here in jack london, and the train just comes to a stop like and then we crashed. and so we fell. i ran into the bar. a guy in a wheelchair fell over and bumped his head and was bleeding from the head. it was just crazy. reporter: there are a few different factors

Transcripts For KPIX CBS 5 Eyewitness News At 5AM 20111013

jack london, and the train just comes to a stop like and then we crashed. and so we fell. i ran into the bar. a guy in a wheelchair fell over and was bleeding from the head. it was just crazy. amtrak hasn t confirmed it. it looks like a switch was not thrown that would have moved the commuter train to another track. the coast starlight train wasn t originally scheduled to be at the station at the time of the crash. it was actually running late at the time. so we have several roadways closed off here around jack london square as this investigation continues. train traffic now in and out of oakland is cancelled. those passengers being moved to emeryville and that s where our stephanie chuang is live right now talking to some of these passengers who have been derailed. stephanie. reporter: good morning. absolutely. here at emeryville this is the first north stop of oakland and people have been waiting here. they were supposed to be on that coast starlight train that was involv

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