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Bankrupt Oil Co. Can Keep $5.5M In Disputed Cash: 9th Circ.

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Bankrupt Oil Co. Can Keep $5.5M In Disputed Cash: 9th Circ.

Bankrupt Oil Co. Can Keep $5.5M In Disputed Cash: 9th Circ.

Law360 (March 11, 2019, 8:15 PM EDT) — The liquidation trustee for Pettit Oil Co. can hold onto roughly $5.5 million in cash and accounts receivable the company owed to a fuel supplier when it filed for bankruptcy, the…

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