UPDATE 1-PES up against the clock to sell Philadelphia refinery in cash crunch
15 Aug UPDATE 1-PES up against the clock to sell Philadelphia refinery in cash crunch
Posted at 22:03h
in
News
by KMFSLLP
Finding a buyer for
Philadelphia Energy Solutions’ oil refinery has grown urgent as
the bankrupt company’s funds dwindle and no signs emerge that it
is winning a fight for insurance payouts after a June blaze at
the plant, according to court documents and bankruptcy experts.
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