Mississippi plans civil lawsuit over defunct beef plant
Mississippi Attorney General Jim Hood has asked a federal court to turn over grand jury records from the U.S. government's investigation into the now-defunct beef plant as he prepares for a civil lawsuit.
The beef plant opened in Oakland, Miss., in August 2004 but lasted less than three months. In January 2005, the operator defaulted on a $21-million loan to Community Bank and the project went into foreclosure, reports the Associated Press. In June 2005, the state paid the bank on its guaranteed $34 million.