PSC Sends Hansen_Mueller Claim Payments to Producers

LINCOLN – The Nebraska Public Service Commission announced today that it has mailed payment checks to 12 approved Nebraska-based claimants in the HansenMueller grain dealer bond case. The checks are being sent via certified mail and are expected to arrive within the next few business days.
The payments follow the Commission’s May 19 order approving all verified claims submitted in the matter and authorizing distribution of the $1 million grain dealer bond proceeds on a prorated basis.

Commission staff has notified claimants to ensure they are aware that the checks are in transit and should be on the lookout for certified mail delivery.

“Nebraska’s grain producers are facing a challenging economic environment, and many are operating on very thin margins,” said Commission Chair Tim Schram. “That makes it especially important that we do everything within our authority to minimize losses and ensure producers receive the protections provided under state law.”

Mailing of payments represents the final administrative step in the claims process. No further official Commission action is expected in the Hansen-Mueller docket. The company’s bankruptcy proceedings and related regulatory matters, however, may continue in other jurisdictions.