Refinery Bankruptcy Leads to President Trump Meeting

Photo credit – Chip Somodevilla/Getty Images)

The Renewable Fuel Standard regulation requires refiners to pay for the cost of mixing biofuels and corn-based ethanol. Philadelphia Energy Solutions which filed for bankruptcy in January, blames the regulation.

As a result, President Trump has ordered a meeting to discuss biofuels policy. Expected at the meeting is Senator Ted Cruz, Chuck Grassley, Scott Pruitt- head of the EPA (Environmental Protection Agency), Sonny Perdue the Agriculture Secretary, and Energy Secretary Rick Perry.

The full article from Reuters can be found here.

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Remington Outdoor Gun Manufacturer Filing Bankruptcy

Remington Outdoor Company has been negotiating financing and restructuring of its debts with creditors in order to proceed with a bankruptcy filing.

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Jacksonville Based Winn-Dixie and Tops Filing for Bankruptcy

Winn-Dixie stores are located throughout the southeast United States and as many as two hundred locations may be closed due to the bankruptcy. Winn-Dixie had previously filed for bankruptcy in 2005 and 2009.

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Attorney Alex Hernandez

Representing clients in the areas of Chapter 7 Bankruptcy, Family Law/Divorce, and car and motorcycle accidents for 20 years. (904) 712-5565 or (305)-688-LAWS (5297).

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