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United States Third Circuit

In Re SemCrude L.P., 15-3094

Affirming a summary judgment for downstream purchasers of oil in a Chapter 11 case where the downstream purchasers took measures to protect themselves against the company's insolvency while oil producers failed to do so, holding that the precautions taken by the downstream purchasers did not entitle the oil producers to the full repayment received by the downstream purchasers.

Appellate Information

  • Decided
  • Published 2017/07/19




  • United States Third Circuit


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