March 23, 2015
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.
April 17, 2013
Capital markets and financing company Scimitar Capital Partners LLC filed a contracts suit against a New York petroleum distributor in Connecticut federal court Wednesday, claiming Chestnut has illegally refused to pay fees owed to Scimitar for securing $65 million in recapitalization financing.