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Fire-Ravaged Refinery Can Tap $100M Loan In Ch. 11 Case

By Vince Sullivan ( July 23, 2019, 10:42 PM EDT) -- The owner of a Philadelphia oil refinery received permission Tuesday from a Delaware bankruptcy judge to tap into a portion of a $100 million Chapter 11 loan as it pursues a value-maximizing transaction for the facility that suffered a massive explosion and fire last month....

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