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D&L Energy files for Chapter 11 bankruptcy protection



Published: Wed, April 17, 2013 @ 10:30 a.m.

D&L Energy files for Chapter 11 bankruptcy protection

YOUNGSTOWN

Ben Lupo’s D&L Energy Inc. has filed for Chapter 11 bankruptcy protection, citing the high cost of cleanup of the Jan. 31 oilfield waste discharge Lupo allegedly ordered, and the deceased business stemming from the post-spill reputational damage.

Lupo, 62, of Poland, has pleaded innocent to a federal criminal charge of violating the Clean Water Act in connection with the spill of brine and oil-based drilling mud into a storm drain flowing into a Mahoning River tributary.

One of the cleanup companies, Sunpro Inc., of North Canton, has sued D&L in Mahoning County Common Pleas Court for $1 million in unpaid cleanup costs.

The D & L bankruptcy filing was Tuesday in U.S. Bankruptcy Court in Youngstown, where Judge Kay Woods will conduct a 9:30 a.m. Friday hearing on the matter.

The Youngstown-based D & L has 580 operating wells and 21,000 acres under oil and gas drilling leases.


Comments

1NilesOhio(718 comments)posted 1 year, 5 months ago

I hope the court appoints a "clawback" person to go after Lupo's personal assets to help pay for this.

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2Boar7734(66 comments)posted 1 year, 5 months ago

The Chapter 11 should be a Chapter 7 - complete liquidation of all his holdings. Noteworthy Hardrock -who he directed employees to dump is not mentioned. ODNR should prohibit for life any permits for Lupo's active or silent endeavors. He has shown special disregard for Salt Water Injection wells and disposal. He is no longer welcomed in this valley and should leave. This goes beyond business but lacking in personal ethics. A IRS audit would also seem appropriate; beyond a felony conviction.

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3pmadmin(1 comment)posted 1 year, 5 months ago

Here's additional info from the court filings for anyone who is interested:

http://www.pacermonitor.com/permalink...

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