E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/18/2013 in the Prospect News Distressed Debt Daily.

Metro Fuel, parties ordered to mediation for Chapter 11 plan issues

By Caroline Salls

Pittsburgh, July 18 - Metro Fuel Oil Corp. and several parties to its bankruptcy case have been ordered to participate in mediation of Chapter 11 plan issues, according to a Thursday filing with the U.S. Bankruptcy Court for the Eastern District of New York.

The mediation parties include Metro Fuel's official committee of unsecured creditors the Metro Fuel debtors, U.S. Bank, NA, New York Commercial Bank, Trufund Financial Services, Inc., Gene V. Pullo and Paul J. Pullo.

Judge Robert E. Grossman will serve as mediator. If possible, the initial mediation session will be held on Aug. 13.

Metro Fuel is a Brooklyn, N.Y.-based energy company that supplies bioheat, biodiesel, heating oil, central air conditioning units, ultra low sulfur diesel fuel, natural gas and gasoline throughout the New York City metropolitan area and Long Island. The company filed for bankruptcy on Sept. 27, 2012 under Chapter 11 case number 12-46913.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.