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Bankruptcy Reorganization Chapter 11

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March 28, 2009

M.W. Sewall & Co. Files For Chapter 11

M.W. Sewall & Co., of Bath, ME, filed for chapter 11 bankruptcy yesterday at the United States Bankruptcy Court for the District of Maine.   Citgo Petroleum (Energy)-EFT is listed as the largest unsecured creditor with an approximate $1.2 million claim.

The debtor operates 11 "Clipper Mart" stores, sells heating oil and propane and sells oil and propane heating equipment.  M.W. Sewall & Co. employs roughly 150 individuals in Maine and is represented by Marcus, Clegg & Mistretta, P.A.

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Posted on March 28, 2009 in Retail | Permalink

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