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Article: U.S. Energy Biogas Settles Principal Chapter 11 Issue.
- Article from:
- Business Wire
- Article date:
- January 16, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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- Agreement Removes Primary Obstacle to USEB's Reorganization and Enables USEB to Refinance and Exit Chapter 11 -
NEW YORK -- U.S. Energy Biogas Corp. ("USEB" or "the Subsidiary"), a U.S.-based renewable energy business, announced today that it has reached an agreement in principle with Countryside Power Income Fund ("Countryside" or "the Fund") concerning the principal issue in USEB's Chapter 11 filing in the United States Bankruptcy Court for the Southern District of New York. The agreement will enable USEB and its parent, U.S. Energy Systems, Inc. (Nasdaq: USEY), to establish new financing for USEB that should enable it to pay all of its creditors in full, ...
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Article: U.S. Energy Systems Releases 2003 Financial ...
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April 19, 2004 ;
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...U.S. Energy Systems, Inc. (or "Company ... Biogas Corporation ("USEB"). Consolidated net ... capital and reserves to USEB and more than $20 million ... North American market. USEB also entered into an ... Follow - About U.S. Energy Systems, Inc. U.S. Energy ...
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