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Gas City, Ltd.

Sale Process

Case No. 10-47879·Illinois Northern·Petition date Oct 26, 2010

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OverviewProfessionals

Key professionals

Financial Advisor

Development Specialists, Inc.

Valuation / Appraiser

Herron Companies

Judge: Eugene R. Wedoff
Petition assets: $50M–$100M
Petition liabilities: $100M–$500M
Industry: Energy, Retail
Debtors: 2

Gas City, Ltd. is an independent petroleum marketer founded in 1966 and headquartered in Illinois. The company operates fifty-one retail gas stations and truck stops across Illinois, Indiana, Arizona, and Florida. Its facilities feature convenience stores, restaurants, and thirty-two car wash locations. The company provides diverse fuel products, including gasoline, diesel, and E85, and employs 798 workers. Gas City is a wholly owned subsidiary of The William J. McEnery Revocable Trust, which holds the underlying real estate.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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