Limetree Bay Services, LLC

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Case Number:

4:21-bk-32351

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Sectors & Industries:

June 06, 2024
Judge Mulls How Ch. 11 Sale Order Affects Oil Refinery Suit

A Texas bankruptcy judge considered Thursday if a 2022 sale order in the Chapter 11 of Limetree Bay Services LLC can resolve a property rights dispute over an oil refinery in the Caribbean or if U.S. Virgin Islands federal court should decide the issue.
January 22, 2024
Oil Services Co. Seeks Refinery Pollution Coverage

A Chapter 11 liquidating trustee for the estate of a company that stored and refined crude oil in the U.S. Virgin Islands has sued the firm's pollution liability insurers in Texas bankruptcy court, requesting millions of dollars in coverage for putative class actions accusing the debtor of causing pollution damage.
June 01, 2022
Sidley Not Conflicted, NJ Diocese Ch. 11 Moves Forward

The bankrupt Diocese of Camden received approval for its Chapter 11 plan disclosures with warnings from the court, Sidley Austin was found not to be conflicted when it represented the Boy Scouts of America, and Arizona law doomed a $16 million lien claim asserted by the Dutch government in the MD Helicopters bankruptcy. This is the week in bankruptcy.
May 27, 2022
Limetree Bay Reaches Ch. 11 Deal On OSHA Penalties

The former owner of a St. Croix oil refinery has received court approval for an agreement with the Occupational Safety and Health Administration that resolves a series of penalties assessed against debtor Limetree Bay Refining before it commenced its Chapter 11 case.
May 24, 2022
Week In Bankruptcy: Dioceses Settle; Wind-Downs Reined In?

Three Roman Catholic dioceses are pushing for approvals of settlements for hundreds of sexual abuse claims in bankruptcy courts, a Delaware state court judge denied a litigation stay in a nonbankruptcy wind-down case, potentially signaling a crackdown, and Purdue Pharma executives got their bonuses approved. This is the week in bankruptcy.
May 18, 2022
Limetree Bay's Ch. 11 Plan Is Confirmed After Refinery Sale

The Chapter 11 liquidating plan of Limetree Bay Services LLC received court approval in Texas on Wednesday, with the plan providing for the distribution of proceeds from the $62 million sale of the St. Croix oil refinery the debtor owned until environmental issues forced it into bankruptcy last year.
May 10, 2022
Week In Bankruptcy: Mass Torts Stumble, New Ch. 11 Crop

The past week has seen a trio of large Chapter 11 cases hit the dockets as debt holders become less permissive, the Diocese of Camden meet a wall of opposition from its insurers who aren't on board with a new $90 million plan to deal with sex abuse claims, and entities related to conspiracy theorist Alex Jones face challenges from families of Sandy Hook victims to their bankruptcy filings. This is the week in bankruptcy.
May 05, 2022
Limetree Bay Plan Challenged Over Insurance Treatment

Caribbean oil refiner Limetree Bay is facing opposition in Texas bankruptcy court from a trio of insurers and the plaintiffs in a pair of class action lawsuits over how its proposed Chapter 11 plan will handle insurance policies and claims.
April 20, 2022
Limetree Bay Reaches $1.3M Deal With Losing Bidders

Caribbean oil refiner Limetree Bay sought emergency bankruptcy court approval in Texas on Wednesday for a $1 million expense reimbursement and $235,000 appeal settlement payout to outbid Chapter 11 sale stalking horse St. Croix Energy.
April 05, 2022
Limetree Bay Ch. 11 Plan Moves Forward On Thin Ice

A Chapter 11 plan disclosure statement proposed by the bankrupt former owner of a Caribbean oil refinery received court approval Tuesday in Texas, but secured creditors that have been funding the case say their desire to continue pumping money into the debtor is coming to an end.

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