{"id":6897,"date":"2007-12-13T00:00:00","date_gmt":"2007-12-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"judge-tosses-earth-biofuels-ch-7-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2007\/judge-tosses-earth-biofuels-ch-7-case.html","title":{"rendered":"Judge Tosses Earth Biofuels Chapter 7 Case"},"content":{"rendered":"<p>  Motley Fool- A federal judge dismissed the bankruptcy case of Earth Biofuels Inc., which distributes country music star Willie Nelson&#8217;s biodiesel fuel, after the company agreed to an interim  restructuring deal put forth by a group of hedge funds.<\/p>\n<p>  Judge Christopher S. Sontchi of the U.S. Bankruptcy Court in Wilmington, Del., dismissed the involuntary bankruptcy case on Monday.<\/p>\n<p>  In July, a group of hedge funds that claimed the Dallas-based company hadn&#8217;t been paying its debts on time filed an involuntary Chapter 7 petition against Earth Biofuels.<\/p>\n<p>  The company owes a group of eight hedge funds a total of $100.7 million on senior convertible notes it issued last year, according to court papers.<\/p>\n<p>  <a href=  \"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/9-0&amp;fd=R&amp;url=http:\/\/www.fool.com\/news\/associated-press\/2007\/12\/12\/judge-tosses-earth-biofuels-ch-7-case.aspx&amp;cid=1124805451&amp;ei=VhNhR8jUAp_eqwPPzI25Cg\">  <strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Motley Fool- A federal judge dismissed the bankruptcy case of Earth Biofuels Inc., which distributes country music star Willie Nelson&#8217;s biodiesel fuel, after the company agreed to an interim restructuring deal put forth by a group of hedge funds. Judge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6897","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6897"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6897\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}