Petroleum Distributor Sued Over Unpaid Fees In $65M Recap

By Jake Simpson ( April 17, 2013, 6:42 PM EDT) -- Capital markets and financing company Scimitar Capital Partners LLC filed a contracts suit against a New York petroleum distributor in Connecticut federal court Wednesday, claiming Chestnut has illegally refused to pay fees owed to Scimitar for securing $65 million in recapitalization financing. . . .

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