Philly Refinery Lender Wants $1.3B Ch. 11 Ruling Flipped

By Jeff Montgomery ( November 23, 2020, 9:15 PM EST) -- Lenders who lost a Delaware Bankruptcy Court ruling on division of $1.25 billion in insurance proceeds after a Philadelphia refinery explosion in 2019 told a U.S. District Court judge on appeal Monday the winning side wrongly sought to "tear the policy in half."...

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