Motion for Joint Administration Filed by Ferrellgas Partners, L.P.
January 11, 2021 at 09:30 am IST
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Ferrellgas Partners, L.P., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on January 11, 2021. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, Ferrellgas Partners Finance Corp., with its own case for administrative and procedural purposes. Ferrellgas Partners, L.P. has been proposed as the lead debtor.
Ferrellgas Partners, L.P. is a holding company. The Company is primarily engaged in the retail distribution of propane and related equipment sales, through its subsidiaries, Ferrellgas Partners Finance Corp. and Ferrellgas, L.P. (operating partnership). Its operations primarily include the distribution and sale of propane and related equipment and supplies in approximately 50 states, the District of Columbia and Puerto Rico. The Company serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers. The Company delivers propane to its industrial/commercial and portable tank exchange customers using its fleet of portable tank and portable tank exchange delivery trucks, truck tractors and portable tank exchange delivery trailers.