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Ala. retailer files for bankruptcy, plans to liquidate

HUNTSVILLE, Ala. -- Circle C Stores Inc., a 25-store convenience chain operating in Alabama, filed for bankruptcy protection on February 27 and plans to liquidate, reported The Birmingham News . Circle C is the fourth c-store retailer to file for bankruptcy protection in 2009. The previous three...

Creditors file objection, saying deal to facilitate sale of 'winter fuel' too risky

OGDEN, Utah -- Creditors will have a final chance tomorrow to voice their opposition to a refinancing plan that would allow Flying J Inc. to obtain up to $10 million of loans from Merrill Lynch to facilitate the sale of more than 900,000 barrels of "winter mix" diesel and gasoline that could go to...

Bankruptcy judge OKs measure to let Appco buy fuel to supply dry stations

GREENEVILLE, Tenn. -- Appalachian Oil Co. (Appco) can't pay executives of parent company Titan Global Holdings from cash collateral, a bankruptcy judge ruled Friday in a hearing where she also allowed Appco store and management employees to be paid for another week and OK'd a plan that could get...

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Obama decries oil imports, calls for renewable revolution
17-store chain in La., Miss., goes up for auction along with additional properties
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Wisconsin wholesaler files for Ch. 11 bankruptcy protection over oil prices
Real-estate firm NRP shows healthy growth on back of retailer leases