Tag: Chapter 11 Bankruptcy

Limetree Bay Refinery Decommissioning Will Take Months, Company Tells Court

CHRISTIANSTED — The process of decommissioning the shuttered Limetree Bay refinery will take several months, the company’s owner told a Texas bankruptcy court this week. Limetree Bay, which filed last month for Chapter 11 bankruptcy protection, has engaged investment bank Jefferies Financial Group Inc to run the sale of the St. Croix plant, likely in […]

Bryan Issues Statement On Limetree Bay Filing For Chapter 11 Bankruptcy Protection

CHRISTIANSTED — Governor Albert Bryan issued the following statement this evening after Limetree Bay Refinery’s announced that it is filing for Chapter 11 bankruptcy protection. “The news of Limetree Bay Refinery filing for bankruptcy is disheartening for the residents and families who rely on the income and employment from the refinery. “There are many local […]