Some 17 sites are up for sale following Red Eagle’s chapter 11 bankruptcy filing last fall. Red Eagle Oil Inc. is selling its 17 gas stations and convenience stores, following its Chapter 11 bankruptcy filing in August, according to the Wyoming Business Report. The sale is being conducted under Chapter 11 laws through the U.S.
Red Eagle cites the economy and an inability to collect money it was owed for its Chapter 11 status. Red Eagle Oil Inc., a Cody, W.Y.-based fuel distribution business and chain of gas stations/convenience stores filed for Chapter 11 bankruptcy on Aug. 1 in Wyoming’s federal bankruptcy court, citing millions of dollars of debt, the