Tuesday, January 31, 2012

Bankruptcy Court Sells Off Religious Community's Llama Herd At Fire Sale Price

AP reports that an Iowa federal bankruptcy judge on Monday took the unusual step of ordering a "fire sale" of a herd of llamas that came under court control two weeks ago after a self-proclaimed priest, Ryan Patrick Scott, filed for bankruptcy. Scott led a small religious community in Independence, Iowa that raised the llamas. The llamas were sold for $7500 to Steve and Sandy Auld who already raise llamas and were caring for Scott's animals under federal supervision since they were taken over by the court. Scott had argued that the animals belong to his non-profit corporation, not to him personally. The Aulds will also be paid $100 per day for the time they cared for the animals before the sale.