An export company is asking a federal judge to seize its cargo of distiller's dried grains before it leaves port.
ADM Export Co. filed a complaint July 10 in U.S. District Court for the Eastern District of Louisiana for the cargo of U.S. distiller's dried grains with solubles.
ADM is allegedly the sole owner of a consignment of 53,036.551 metric tons of this cargo, which was loaded aboard the marine vessel Ogna in Destrehan, La., from July 7 to 10, the lawsuit states.
Though the plaintiff has delivered the cargo, the buyer has refused to comply with a sales contract and open a letter of credit for the cargo. This letter, the lawsuit states, is necessary for ADM Export to be paid.
ADM Export asks the court to order the cargo be seized by the U.S. Marshal's Service and to be awarded full custody of the cargo.
The plaintiff is represented by Richard D. Bertram and William P. Wynne of Jones Walker LP in New Orleans.
U.S. District Court for the Eastern District of Louisiana case number 2:15-cv-02535-LMA-SS.