Printer Friendly

/C O R R E C T I O N -- EL PASO REFINING, INC./

 In NY014, moved earlier today, we have been advised by a representative of the company that the third graph should read "The Bankruptcy Court adjourned the hearing for 75 days in order for an examiner for the Partnership to be appointed and to report to the Court. The Court will await a report from the examiner before deciding on further activities of the refinery during the 75 day period," rather than as originally issued.
 The corrected release follows:
 EL PASO, Texas, Nov. 23 ~PRNewswire~ -- El Paso Refining, Inc., the General Partner of El Paso Refinery, L.P. (NYSE: ELP) today announced that the United States Bankruptcy Court for the Western District of Texas, Austin Division, denied a Motion to Convert to a Chapter 7 Proceeding filed by certain of the Partnership's secured creditors.
 The Partnership filed a petition for reorganization under Chapter 11 of the United States Bankruptcy Code on Oct. 23, 1992. Pursuant to an order of the Bankruptcy Court, the Partnership's refinery has been shut down since Oct. 30, 1992.
 The Bankruptcy Court adjourned the hearing for 75 days in order for an examiner for the Partnership to be appointed and to report to the Court. The Court will await a report from the examiner before deciding on further activities of the refinery during the 75 day period.
 El Paso Refinery, L.P. owns a high-conversion petroleum refinery and terminal facility in El Paso, Texas.
 -0- 11~23~92 C NY014
 ~CONTACT: Ransom B. Jones of El Paso Refinery, 915-772-1433~
 (ELP)


CO: El Paso Refining, Inc. ST: Texas IN: OIL SU:

SH -- NY014A -- 0611 11~23~92 14:12 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 23, 1992
Words:272
Previous Article:FAIR HEALTH ANNOUNCES SUCCESSFUL BREAKTHROUGH ON TREATING CHRONIC FATIGUE SYNDROME
Next Article:30-35 PERCENT "NO" VOTE COULD BLOCK CENTEL MERGER.... EAGLE URGES IMPROVED OFFER
Topics:


Related Articles
EL PASO REFINING MAKES ANNOUNCEMENT IN RESPONSE TO UNUSUAL TRADING VOLUME
BANKRUPTCY COURT DENIES CREDITORS MOTION TO CONVERT EL PASO REFINERY, L.P.'S BANKRUPTCY FILING TO CHAPTER 7 LIQUIDATION PROCEEDING
EL PASO REFINING ISSUES STATEMENT ON COURT ORDER
IBM AND MULTI SOFT SIGN SOFTWARE MARKETING AGREEMENT
DCA ANNOUNCES SELECT COMM SERVER WITH PC ROUTER SUPPORT
IBM AND MULTI SOFT SIGN ADDITIONAL MARKETING AGREEMENT
IBM AND MULTI SOFT SIGN THIRD INTERNATIONAL MARKETING AGREEMENT; COVERING EUROPE, THE MIDDLE EAST AND AFRICA
Patients With HIV-Associated Wasting Gain More Weight With Concentrated Form of Megestrol Acetate, Study Shows.
NOTICIAS.
Fiesta ofrece gran variedad de este a[+ or -]o.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters