Mountain Express filed for chapter 11 (restructure) bankruptcy in March, but now, chapter 7 (out of business/liquidation)
This comes about eight days after the retailer requested the court’s permission to cease all operations and terminate its employees after its proposed $49 million sale to Arko Corp. — parent of c-store retailer GPM Investments — failed.
This comes about eight days after the retailer requested the court’s permission to cease all operations and terminate its employees after its proposed $49 million sale to Arko Corp. — parent of c-store retailer GPM Investments — failed.
According to court documents, some of the major retailers whose fuel supply contracts with Mountain Express have ended include Pilot Company, BP, Chevron, Gulf Oil, Marathon Petroleum and Phillips 66.
Founded in 2000, Alpharetta, Georgia-based Mountain Express Oil formerly distributed fuel to 855 locations around the country, including 27 travel centers, and operated about 171 retail stores.
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