US biofuel commodity trader files for bankruptcy after flurry of lawsuits

Published 21:26 on January 20, 2021  /  Last updated at 21:48 on January 20, 2021  /  Americas, RINs & LCFS, US  /  No Comments

A Texas-based commodity shop filed for Chapter 11 bankruptcy on Wednesday after a growing number of lawsuits alleged it failed to deliver biofuel credits (RINs) in fulfilment of its contractual obligations.

A Texas-based commodity shop filed for Chapter 11 bankruptcy on Wednesday after a growing number of lawsuits alleged it failed to deliver biofuel credits (RINs) in fulfilment of its contractual obligations.

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