A tentative agreement to sell the assets of a home heating oil company seeking bankruptcy protection has hit a snag.
The agreement would sell the ongoing business of Fred Fuller Oil & Propane to Rymes Propane & Oil. The Telegraph of Nashua reports talks broke down Monday in bankruptcy court over issues related to the Internal Revenue Service's alleged $2.5 million claim against several of Fred Fuller's personal properties.
A New Hampshire home heating oil company that faced customer delivery delays earlier this year has sued FairPoint Communications over a phone outage that happened at the same time.
Fred Fuller Oil said a combination of extreme weather conditions, a huge increase in oil and propane demand and an overload and temporary crash of the company phone system led to problems during the winter. The state said it had to step in after receiving complaints from residents, setting up a phone number.
New Hampshire's attorney general is closely monitoring a lawsuit filed by a major supplier of home heating oil against a dealer who supplies about 30,000 customers with fuel to be sure the dealer can fulfill its obligations.
Senior Assistant Attorney General James Boffetti says he will meet next week with lawyers for Hudson-based Fred Fuller Oil, in light of a lawsuit filed by Sprague Energy. The company claims Fuller owes $4.7 million in unpaid bills and is seeking to seize Fuller's delivery trucks and other assets.
This week the New Hampshire Senate is set to vote on a House bill designed to protect home heating fuel customers. This comes after hundreds of Fred Fuller Oil Company customers suffered shortages and late deliveries in January.
Complaints have surfaced again from customers of a New Hampshire home heating oil company about delays in fuel deliveries and in contacting the business, including a school in Alton where 150 students went much of one day without any heat.
Superintendent Bill Lander in Alton tells WMUR-TV he called Fred Fuller Oil 10 times Monday and either got a busy signal or no answer. Once, the number was disconnected.
The district was eventually able to get through to the Hudson-based company and get oil.