A Chinese bank asked a federal judge on Tuesday to deny Philadelphia Energy Solutions’ initial bankruptcy requests, arguing it should get priority over any insurance payouts after a June fire destroyed a section of the PES refinery. ICBC Standard Bank PLC [SBKJLS.UL], which signed an agreement to buy PES’s crude and refined products just three days before the June 21 explosion and blaze, said PES owes it more than $300 million in early termination fees and other costs, according to filings with the U.S. Bankruptcy Court for the District of Delaware. The fire tore through an alkylation unit at the Girard Point section of the refinery, the largest on the U.S. Eastern Seaboard, scattering […]