TULSA, Okla. (AP) - Unsecured creditors of a Tulsa energy company want to see documents about SemGroup LP's energy trading and cash transfers in the days and weeks leading up to its bankruptcy declaration.
The creditors have told a federal judge they are interested in seeing documents with information that includes "eve-of-bankruptcy transfers, futures and options trading activities, and insider and affiliate transfers."
SemGroup, an oil and asphalt transportation and storage provider, filed for Chapter 11 protection on July 22 after apparently losing a reported $2.4 billion in the oil futures markets.
A U.S. trustee overseeing SemGroup's case already has asked the bankruptcy judge to appoint an examiner to investigate the company's collapse.
Information from: Tulsa World, http://www.tulsaworld.com
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.