Court dismisses bankruptcy case of former Grafton, N.D., farmer

FARGO — The personal Chapter 11 bankruptcy reorganization for former Grafton, N.D., farmer Tom Grabanski and his wife, Mari, has been dismissed, perhaps setting the stage for creditors to move ahead to collect claims that total about $25 million. Thad J. Collins, a U.S. bankruptcy judge, on April 12 dismissed the case “with prejudice,” prohibiting the Grabanskis from filing for bankruptcy for another six months. It is one of three separate but related bankruptcies involving Grabanski, a key figure in failed farming businesses in his hometown of Grafton and in Texas and Colorado. The personal bankruptcy case has accounted for more than 576 docket items, or filings. read more at: http://www.grandforksherald.com/event/article/id/261895/group/homepage/