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01/30/2013 08:44:09 AM EST

Metro Fuel Ch. 11 Case Running On Fumes, Bank Says

Posted by

Law360: Bankruptcy

New York Commercial Bank pressed a bankruptcy court Tuesday to convert the Chapter 11 case of Metro Fuel Oil Corp. to a Chapter 7 case, arguing the Brooklyn-based fuel supplier had virtually no chance of reorganizing or repaying a $41.3 million debt. Read More...