Thank you very much and we certainly appreciate your coming in this afternoon. It was late notice, but we appreciate the fact that you've come and they've given us some time to ask some questions.
We're going to have an opportunity to hear from the industry here shortly, so we'll probably get a different perspective in terms of the expectations and maybe their assessment as to the benefit of a PACA-like system and/or the challenges to implement one. There seems to be a significant demand. As a matter of fact, every time I've met with anybody who's involved in fresh produce, they bring up PACA. It seems to be something that is largely their number one concern. Obviously you've heard that and I think you've reflected on that somewhat.
I would turn to Mr. Schaan.
In your testimony, you've said that lenders and creditor groups caution that altering priorities in insolvency could lead to negative impacts on the constant availability of credit for businesses. That is often the case, as any time that you bring in creditors and the banks, they often say that if you change things, it will be more difficult for them to give money to those people who are looking for that.
You've talked about evidence-based decision-making. They've said this, but did they give you any assessment as to how much more difficult it would be for them to lend? Obviously, the American banks are lending to their produce farmers. Have they given you any indication as to what they would have to alter for a PACA-like system to be implemented?