Nebraska grain dealer that temporarily lost license declares bankruptcy

An Omaha grain dealer that had its Nebraska license temporarily suspended after it failed to pay producers last month has filed for bankruptcy protection.

Hansen-Mueller Co. said in a news release Monday afternoon that it is pursuing a financial restructuring and has applied for Chapter 11 bankruptcy protection. Chapter 11 is a type of bankruptcy that allows companies to continue operating while they work to restructure debt.

In the news release the company said it will continue to operate while seeking a buyer to take over all or substantially all of its assets and continue to run the company…

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