VERTEX ENERGY, INC. Bankruptcy Filing
Case Number: 24-90507
VERTEX ENERGY, INC. filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on September 24, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-90507.
VERTEX ENERGY, INC. Filing Information
VERTEX ENERGY, INC., a corporation based at 1331 Gemini Street, Suite 250, Houston, TX, has filed for bankruptcy under case number 24-90507. The filing, made on September 24, 2024, marks a significant development in the company's financial restructuring process. As a result of this filing, VERTEX ENERGY, INC. is seeking to restructure its debt obligations and emerge from bankruptcy with a new financial plan. Under the guidance of Judge Christopher M. Lopez presiding over the Texas Southern court, the company will seek to address its financial difficulties and work towards a more sustainable future. This move comes as the company navigates challenging market conditions and seeks to maintain its position in the energy sector. The specifics of VERTEX ENERGY, INC.'s bankruptcy information will be outlined in the coming weeks as part of the official court proceedings.
VERTEX ENERGY, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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VERTEX ENERGY, INC. Docket Header
COMPLX, LEAD, COMPLX, DUPFILER |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90507
Assigned to: Bankruptcy Judge Christopher M. Lopez Chapter 11 Voluntary Asset |
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| Debtor Vertex Energy, Inc. 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 94-3439569 |
rep. by |
Jason Gary Cohen
Bracewell LLP 711 Louisiana St Ste2300 Houston, TX 77002 713-221-1416 Fax : 713-222-3209 Email: jason.cohen @ bracewell.com |
| Debtor Vertex Refining Alabama LLC 108 West 13th Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 38-4179507 |
rep. by |
Vertex Refining Alabama LLC
PRO SE |
| Debtor Vertex Refining Texas LLC 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 92-0270847 |
rep. by |
Vertex Refining Texas LLC
PRO SE |
| Debtor Vertex Renewables LLC 108 W. 13th Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 92-1258314 |
rep. by |
Vertex Renewables LLC
PRO SE |
| Debtor Vertex Refining NV, LLC 9107 West Russell Road Suite 100 Las Vegas, NV 89148 CLARK-NV Tax ID / EIN: 46-5117656 |
rep. by |
Vertex Refining NV, LLC
PRO SE |
| Debtor Vertex Splitter Corporation 108 W. 13th Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 84-2358505 |
rep. by |
Vertex Splitter Corporation
PRO SE |
| Debtor Vertex Renewables Alabama LLC 108 W. 13th Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 88-4363896 |
rep. by |
Vertex Renewables Alabama LLC
PRO SE |
| Debtor Vertex Refining Myrtle Grove LLC 1331 Gemini Street Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 83-3714295 |
rep. by |
Vertex Refining Myrtle Grove LLC
PRO SE |
| Debtor Vertex Recovery, L.P. 2323 Clear Lake City Boulevard No. 180-184 Houston, TX 77062 HARRIS-TX Tax ID / EIN: 81-0562942 |
rep. by |
Vertex Recovery, L.P.
PRO SE |
| Debtor Vertex II GP, LLC 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 46-0867237 |
rep. by |
Vertex II GP, LLC
PRO SE |
| Debtor Vertex Merger Sub, LLC 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 94-3439569 |
rep. by |
Vertex Merger Sub, LLC
PRO SE |
| Debtor Vertex Recovery Management, LLC 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 47-4736381 |
rep. by |
Vertex Recovery Management, LLC
PRO SE |
| Debtor Vertex Refining LA, LLC 5616 Corporate Boulevard Suite 400B Baton Rouge, LA 70808 EAST BATON ROUGE-LA Tax ID / EIN: 46-5101732 |
rep. by |
Vertex Refining LA, LLC
PRO SE |
| Debtor Vertex Marine Fuel Services LLC 108 West 13th Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 88-3991565 |
rep. by |
Vertex Marine Fuel Services LLC
PRO SE |
| Debtor Vertex Energy Operating, LLC 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 46-5235228 |
rep. by |
Vertex Energy Operating, LLC
PRO SE |
| Debtor Tensile-Heartland Acquisition Corporation 1209 Orange Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 84-2360638 |
rep. by |
Tensile-Heartland Acquisition Corporation
PRO SE |
| Debtor Crystal Energy, LLC 2311 Highland South Avenue Birmingham, AL 35205 JEFFERSON-AL Tax ID / EIN: 81-3789327 |
rep. by |
Crystal Energy, LLC
PRO SE |
| Debtor HPRM LLC 4001 E. 5th Avenue Columbus, OH 43219 FRANKLIN-OH Tax ID / EIN: 83-3670623 |
rep. by |
HPRM LLC
PRO SE |
| Debtor Vertex Acquisition Sub, LLC 1331 Gemini Street, Suite 250 Houston, TX 77058 HARRIS-TX Tax ID / EIN: 46-0848130 |
rep. by |
Vertex Acquisition Sub, LLC
PRO SE |
| Debtor Crossroad Carriers, L.P. 2323 Clear Lake City Boulevard No. 180-184 Houston, TX 77062 HARRIS-TX Tax ID / EIN: 68-0655641 |
rep. by |
Crossroad Carriers, L.P.
PRO SE |
| Debtor H&H Oil, L.P. 2323 Clear Lake City Boulevard No. 180-184 Houston, TX 77062 HARRIS-TX Tax ID / EIN: 26-0678070 |
rep. by |
H&H Oil, L.P.
PRO SE |
| Debtor Tensile-Myrtle Grove Acquisition Corporation 1209 Orange Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 84-2375079 |
rep. by |
Tensile-Myrtle Grove Acquisition Corporation
PRO SE |
| Debtor Cedar Marine Terminals, LP 2323 Clear Lake City Boulevard No. 180-184 Houston, TX 77062 HARRIS-TX Tax ID / EIN: 33-1119617 |
rep. by |
Cedar Marine Terminals, LP
PRO SE |
| Debtor Bango Oil LLC 4601 W. Sahara Avenue Suite L Las Vegas, NV 89102 CLARK-NV Tax ID / EIN: 20-3898855 |
rep. by |
Bango Oil LLC
PRO SE |
| Trustee U.S. Bank in its Capacity as the Indenture Trustee for the 6.25% Convertible Senior Notes Due 2027 |
rep. by |
James S Carr
Kelley Drye et al 3 World Trade Center 175 Greenwich Street New York, NY 10007 212-808-7955 Fax : 212-808-7897 Email: jcarr @ kelleydrye.com |
| U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 |
rep. by |
Andrew Jimenez
U.S. Department of Justice United States Trustee Program 515 Rusk Street, Suite 3516 Houston, TX 77002 713-718-4668 Fax : 713-718-4670 Email: andrew.jimenez @ usdoj.gov Jana Smith Whitworth Office of United States Trustee 515 Rusk Street, Suite 3516 Houston, TX 77002 (713) 718-4650 Fax : (713) 718-4670 Email: jana.whitworth @ usdoj.gov |
| Creditor Committee The Official Committee of Unsecured Creditors |
rep. by | Jennifer Jaye Hardy
Willkie Farr Gallagher LLP 600 Travis St Ste 2310 Houston, TX 77002 713-510-1766 Email: jhardy2 @ willkie.com |