Former Hess Refinery Operator Files Chapter 11 Petition Due To Asbestos Claims

Mealey's (May 2, 2022, 12:00 PM EDT) -- HOUSTON — A subsidiary of Hess Corp. filed a Chapter 11 petition in Texas federal bankruptcy court April 28 looking to establish a trust to resolve asbestos and other toxic tort claims stemming from its operation of an oil refinery in St. Croix, U.S. Virgin Islands....