Hvide Marine Confirmation Expected

Thursday, December 09, 1999
Hvide Marine Inc. stated that the U.S. Bankruptcy Court for the District of Delaware is expected to confirm the plan of reorganization proposed by the company in its Chapter 11 case on December 9. By that time, the company expects to resolve various components of its $300 million exit financing, enabling its emergence from its Chapter 11 status. A recent hearing demonstrated the objections filed with respect to the plan, which were overruled and resolved, and the company showed that, except for the exit financing, all the requirements for confirmation had been satisfied.
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MN 100: Gencorp Insurance Group

The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean.

MN 100: Bordelon Marine

The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

 
 
Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3133 sec (3 req/sec)