Salyer American attempting to remove court-appointed receiver
Salyer American attempting to remove court-appointed receiver
Lawyers for Salyer American Fresh Foods in Salinas, CA, were expected to be in court June 5 to ask the judge to remove the court-appointed receiver that has been running the firm for the past month. In early May, Steve Franson, the receiver, took control of the grower-shipper operation, which owed lenders more than $34 million and had informed its growers to quit planting crops for future harvest. At the time, Salyer American reportedly agreed to the appointment, but it has since had a change of heart. When Mr. Franson was named the receiver, Salyer American officials continued to publicly