Fuel Refiner Vertex Hits Ch. 11 With $422M Debt, Lender Deal

By Rick Archer · September 25, 2024, 10:56 AM EDT

Oil refiner Vertex Energy filed for Chapter 11 protection with $422.5 million in debt and plans to pursue a sale under a prenegotiated restructuring agreement....

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Bankruptcy Scorecard

Summary

Houston-based oil refiner Vertex Energy filed for Chapter 11 protection with plans to pursue a sale under a prenegotiated restructuring agreement.

Case Number

24-bk-90507

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$422.5 million

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Documents

Case Information

Case Title

Vertex Energy, Inc.

Case Number

4:24-bk-90507

Court

Texas Southern

Nature of Suit

Date Filed

September 24, 2024