Nelson County, Virginia
Black Eagle Farm files for bankruptcy protection. The Lynchburg News & Advance has more here.
The proposed sale of Black Eagle Farm discussed below, has been postponed according to Nelson Courthouse officials. It is unclear if the operation is headed into bankruptcy protection or a refinance agreement has been reached.
More as we know.
Previous post from 11.4.09
A year and a half after an official opening ceremony of 3 million dollar organic egg operation, Black Eagle Farm in Piney River will go on the sale block Thursday – November 5, 2009 at 11 AM at the Nelson County Courthouse in Lovingston.
The above legal notice recently placed in the Lynchburg News & Advance began stirring rumors that the multi-million dollar operation and property might be in trouble. A call to the clerks office in Nelson County confirmed the intent of sale, though recent rumors as late as this morning said the sale had been postponed. However, NCL spoke to Sam White’s office (the trustee of the property) Wednesday morning just before 10AM. Their office confirmed the proposed sale was still scheduled for 11AM on Thursday at the Nelson County, Virginia Courthouse barring any last minute change.