VeraSun Energy Inc, an ethanol producer, filed for bankruptcy and has since been bought by Valero. After buying those assets, Valero executives went on a tour of corn farms from Iowa to South Dakota.

Many of the farmers in the region had been selling large amount of their corn to VeraSun and similar companies who went bankrupt recently. Now that Valero is buying corn for ethanol, many of those farmers will not lose their purchasers.

If you are considering bankruptcy, contact the Austin bankruptcy attorneys of Slater Kennon LLP at 512-338-1100.