Citibank agent, Texas oil firm tangle over debt

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Citibank agent, Texas oil firm tangle over debt

By Elijah Brumback / Friday, May 1st, 2015 / Comments Off on Citibank agent, Texas oil firm tangle over debt

An ailing Houston oil company with major operations in north Santa Barbara County is facing a lawsuit from one of the nation’s biggest banks as creditors try to sort out how the oil business is going to payback some $372 million in debt. A complaint filed April 15 in Santa Barbara County Superior Court by…

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