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U.S. Bankruptcy Court Judge Mary Walrath

At VIFreepBreaking NewsBusiness NewsGovernment House NewsSt. Croix News

WILMINGTON, Del. – A federal bankruptcy judge sitting in Delaware made a ruling on the controversial sale of oil company HOVENSA on Monday, but said details of a large portion of the sale hearing could not be made public, under penalty of contempt, until the Gov. Kenneth Mapp announced them

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At VIFreepBreaking NewsBusiness NewsSt. Croix News

Bankruptcy Judge Mary Walrath WILMINGTON, Delaware – A federal bankruptcy court judge decided today that the HOVENSA oil refinery complex can be sold to stalking horse bidder Limetree Bay Holdings and commodities trader Freepoint, the Virgin Islands Free Press has learned. News that U.S. Bankruptcy Court Judge Mary Walrath had

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At VIFreepBreaking NewsBusiness NewsSt. Croix News

WILMINGTON, Del. – The sale of the idled HOVENSA refinery and terminal assets has been postponed until next month, pushing back efforts by the Virgin Islands government to partially revitalize the mothballed facility. At a hearing in a U.S. bankruptcy court in the US state of Delaware Thursday, a government-preferred

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