Sunday, June 15, 2008

F&S Oil biodiesel plant sale may be July 29

A biofuel facility created in Cheshire by failed F&S Oil Inc. would be auctioned on July 29 if a judge approves, the company's receiver said Friday. (WRA, by David Krechevsky)

As for one reason why it's taking so long to make happen...

"Between getting the judge's order, writing up the bidding rules, and hiring an auction consultant, plus there's such a high level of interest in it — some parties are flying in experts from around the country to look at it — we just can't do it in two weeks," court-appointed receiver Carlton E.Helming said.

Tim White

No comments: