Otter Tail Ag Enterprises cash collateral access extended two months

By Caroline Salls

Pittsburgh, Dec. 14 - Otter Tail Ag Enterprises, LLC's cash collateral use has been extended, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Minnesota.

Specifically, the company will have access to the cash through the earlier of Feb. 28 or the closing of any asset sale.

The access was previously scheduled to expire on Dec. 31.

Otter Tail, a Fergus Falls, Minn., ethanol company, filed for bankruptcy on Oct. 30, 2009. Its Chapter 11 case number is 09-61250.

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