Northeast Biofuels Enters Ch. 11 Amid Plant Woes
Northeast Biofuels, along with NEB Holdings LP and NEB GP Inc., filed Chapter 11 petitions Wednesday in the U.S. Bankruptcy Court for the Northern District of New York, listing assets of about $167 million and liabilities of $174.5 million as of Nov. 30.
For the eleven-month period that ended Nov. 30, the company suffered losses...
To view the full article, register now.