Reuters: Bankruptcy News: Deadline for sale of Petroplus Swiss plant extended

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Deadline for sale of Petroplus Swiss plant extended Mar 30th 2012, 14:36 GENEVA, March 30 | Fri Mar 30, 2012 10:36am EDT GENEVA, March 30 (Reuters) - A Swiss court has granted administrators for insolvent refiner Petroplus another six months to restructure its Swiss plant's debt and sell it, the administrators said on Friday. "The competent debt restructuring judge...has granted a definitive debt restructuring moratorium for a term of six months until 30 September 2012 for Petroplus Refining Cressier SA," they said. Filippo Beck, partner at Wenger-Plattner, one of the administrators for Petroplus' Cressier plant, said that negotiations with several interested parties were ongoing. He declined to name the parties.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions