Mountain States Rosen LLC Chapter 11 Asset Sale

Fri, 24 Apr 2026 02:42:06 +0000
Bankruptcy

The United States Bankruptcy Court for the District of Wyoming approved Mountain States Rosen LLC's sale of substantially all assets to Swift Beef Company for $14,250,000, overruling an objection from back-up bidder Greeley Fab LLC. The July 21, 2020 memorandum opinion found the debtor demonstrated sound business reason for the sale and that Swift's offer was the highest and best bid under the approved bidding procedures. The court applied the business judgment standard, giving deference to the debtor's determination after consultation with CoBank and the Official Unsecured Creditors' Committee.