Legal Press Release – Newsletter for June 30, 2010
Wednesday, June 30, 2010
Getty Petroleum Marketing Inc. Seeks to Arbitrate Contract Dispute with Ethanol Producer
EAST MEADOW, New York, June 29, 2010 – Getty Petroleum Marketing Inc. (Getty) announced today the filing of a
Demand for Arbitration before the American Arbitration Association against
Bionol Clearfield, LLC (Bionol), an ethanol producer in Pennsylvania. Getty
entered into a five-year contract to purchase ethanol from Bionol; however, a
dispute has arisen regarding the ethanol purchase price. [...]