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Limetree Bay Gets OK For $10M DIP Draw, September Auction

By Rick Archer (August 11, 2021, 8:44 PM EDT) -- A Texas bankruptcy judge Wednesday gave oil refinery Limetree Bay permission to tap into $10 million in financing to get it through the next three weeks of its Chapter 11 case and help it prepare to auction its assets, although he repeated his worry the sale timeline is too short....

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