Federal judge puts end to PES explosion insurance bounty squabble

Federal judge puts end to PES explosion insurance bounty squabble
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05.03.2020

MOSCOW (MRC) -- The federal judge overseeing Philadelphia Energy Solutions' bankruptcy proceedings on Friday resolved a fight between two sets of lenders over which of them has first dibs on the potential USD1.25 billion in insurance proceeds for a June 2019 explosion and fire at its Girard Point refinery, reported Reuters.US Bankruptcy Judge Kevin Gross found that ICBC Standard Bank and

Full article at mrcplast.com

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