Getty Petroleum Ch. 11 Liquidation Plan Confirmed

Law360, New York (August 24, 2012, 2:51 PM EDT) -- A New York bankruptcy judge on Friday confirmed Getty Petroleum Marketing Inc.'s Chapter 11 plan of liquidation, which was floated by its unsecured creditors committee, issuing findings of fact and conclusions of law overruling remaining objections to the plan.

U.S. Bankruptcy Judge Shelley C. Chapman approved the plan, which had faced objections by New York City, the U.S., state governmental entities and others, saying “the legal and factual bases set forth in the documents filed in support of confirmation and presented at the confirmation hearing establish...
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