Goldman Sachs Unit Hit With Contract Suit Over Oil

Law360, New York (January 19, 2011, 6:52 PM EST) -- Coffeyville Resources Refining & Marketing LLC has filed suit in bankruptcy court against Goldman Sachs Group Inc. subsidiary J. Aron & Co., accusing the company of breach of contract in relation to the sale of oil to the plaintiff.

Coffeyville, a subsidiary of CVR Energy Inc., filed the claims Jan. 13 in the U.S. Bankruptcy Court for the District of Delaware.

Prior to selling the oil to Coffeyville, J. Aron purchased it from SemCrude LP, which later filed for bankruptcy, Coffeyville explained in a regulatory filing....
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