USA: Bison cooperative charged with failing to pay debts
The North American Bison Cooperative is being sued by Export Development Canada for failing to pay its debts.
Export Development Canada, a Canadian insurance provider and government-backed export promotion agency, says the cooperative is behind with payments of US$628,000 due to four Canadian ranches for bison supplied to the cooperative two years ago.
The Canadian agency filed a civil lawsuit this week in federal court in Fargo, seeking to recoup its losses, interest money and legal costs.
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