Technicality Holds Up Sale of Agriprocessors

Shown is the Agriprocessors kosher meatpacking plant, Wednesday, Aug. 13, 2008, in Postville, Iowa. A May 12, 2008 raid by Immigration and Customs Enforcement at Agriprocessors, the world's largest kosher meatpacking plant in Postville, Iowa, was the largest immigration raid in U.S. history at the time. Agriprocessors is Postville's biggest employer. (AP Photo/Charlie Neibergall)

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By Daren Sukhram

Story Created: Jul 15, 2009 at 4:19 PM CST

Story Updated: Jul 15, 2009 at 4:19 PM CST

POSTVILLE (AP) - A technicality has held up the sale of a struggling kosher slaughterhouse in northeast Iowa, but the trustee charged with overseeing the plant is confident the sale will be completed soon.

Agriprocessors, Inc. bankruptcy trustee Joe Sarachek says a technical issue concerning the way the sale was drawn up stopped Judge Paul J. Kilburg from approving the sale Wednesday in U.S. Bankruptcy Court in Cedar Rapids. But Sarachek says a new agreement could be submitted to Kilburg by Thursday.

The $8.5 million sale of the Agriprocessors plant in Postville to SHF Industries would end months of uncertainty for the town of Postville, which has endured a series of setbacks that began with a huge immigration raid at the plant last year.

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