Flying J Asks For Reprieve From FERC Proceeding

Law360, New York (January 6, 2009, 12:00 AM EST) -- Flying J Inc. has asked a federal bankruptcy judge to stay proceedings in a lawsuit pending before the Federal Energy Regulatory Commission that the oil refining company claims distracts from its Chapter 11 reorganization efforts and will impair its assets.

In an adversary complaint filed Monday in the U.S. Bankruptcy Court for the District of Delaware, the debtors asked the court to enforce the automatic stay of the bankruptcy code to enjoin Valero Marketing and Supply Company from further prosecution in an action currently pending before...
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