An obligated party under the US Renewable Fuel Standard (RFS) has requested a Texas court grant a temporary restraining order against a commodity firm, fearing that the company could become insolvent due to the millions of dollars in unfilled biofuel credit (RIN) contracts it is alleged to owe.
Energy company asks court to freeze commodity trader’s RIN activity, fearing bankruptcy
An obligated party under the US Renewable Fuel Standard (RFS) has requested a Texas court grant a temporary restraining order against a commodity firm, fearing that the company could become insolvent due to the millions of dollars in unfilled biofuel credit (RIN) contracts it is alleged to owe.
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