Metro Terminals Corp.

  1. December 05, 2014

    Plea In Works For Fuel Exec Hit With $30M Bank Fraud Rap

    Former Metro Fuel Oil Corp. chief financial officer Thomas Torre, accused of drawing $30 million from a bank line of credit before parking the company in bankruptcy, is likely to plead guilty to some or all of the allegations, lawyers told a New York federal judge on Friday.

  2. February 04, 2013

    Metro Fuel Shouldn't Liquidate, Unsecured Creditors Say

    Metro Fuel Oil Corp.'s unsecured creditors objected Monday to New York Commercial Bank's calls for liquidation of the bankrupt Brooklyn-based fuel supplier just as the company is slated to go on the auction block.

  3. January 30, 2013

    Metro Fuel Ch. 11 Case Running On Fumes, Bank Says

    New York Commercial Bank pressed a bankruptcy court Tuesday to convert the Chapter 11 case of Metro Fuel Oil Corp. to a Chapter 7 case, arguing the Brooklyn-based fuel supplier had virtually no chance of reorganizing or repaying a $41.3 million debt.

  4. December 14, 2012

    Metro Fuel Oil Creditors Seek Probe Of Ex-CFO

    The unsecured creditors committee for bankrupt Metro Fuel Oil Corp. on Thursday asked a New York bankruptcy judge to allow it to examine the fuel supply company's former chief financial officer in connection with alleged financial irregularities that occurred on his watch.

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