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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.
Remington Outdoor Company has been negotiating financing and restructuring of its debts with creditors in order to proceed with a bankruptcy filing.
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.
Alexander Hernandez represents clients in the areas of Chapter 7 Bankruptcy, Family Law/Divorce, and car and motorcycle accidents.
(904) 712-5565 or (305)-688-LAWS (5297).