Illinois Firm Posts $100,000 Employment Bond
WASHINGTON D.C. – Chicago, Illinois-based La Galera Produce LLC, has posted a $100,000 surety bond to employ James Navilio under regulations of the Perishable Agricultural Commodities Act (PACA).
According to a USDA press release, Navilio was the President of Michael J. Navilio & Son Inc., Chicago, Illinois, a company which failed to pay reparation awards issued against it under the PACA.
The surety bond was posted with the U.S. Department of Agriculture (USDA) to employ Navilio. According to the release, the USDA will hold the $100,000 bond for four years, providing assurance to the industry that the company will be able to pay for produce purchased and to conduct its business according to PACA rules.
Any PACA licensee wishing to employ individuals who have failed to pay a reparation award, or have been subject to a USDA disciplinary action, must post a USDA-approved surety bond.
In the past three years, USDA resolved approximately 4,250 PACA claims involving more than $77 million. Its experts also assisted more than 7,000 callers with issues valued at approximately $110 million. These are just two examples of how USDA continues to support the fruit and vegetable industry.