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Chestnut Petroleum Settles Unpaid Fees Suit In $65M Recap

By Zachary Zagger (March 23, 2015, 6:08 PM EDT) -- A Connecticut federal judge on Friday approved a stipulated dismissal between capital markets and financing company Scimitar Capital Partners and Chestnut Petroleum Distributors Inc., after the parties settled a contract dispute in which Scimitar allegedly failed to pay a fee for helping secure $65 million in recapitalization financing....

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