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Bouchard bankruptcy

WebA Texas bankruptcy judge Thursday approved Bouchard Transportation Co.'s request to sell its oil barge fleet to a pair of creditors for more than $245 million, although the closure of part of the ... WebSep 7, 2024 · The company is backed by Rose Cay, an investment company that bought a group of the vessels sold in the Bouchard bankruptcy auction. In its first year, says Rose Cay Maritime, it has led the return-to-service process of a fleet of laid-up vessels, which included 11 dry-dockings and work with eight U.S. shipyards. “In just one year, our team ...

Bouchard bankruptcy case: Judge puts off final decision

WebSep 29, 2024 · After tough years, Bouchard Transportation heads to bankruptcy court The company has as much as $500m in liabilities, filings show. 29 September 2024 16:27 … WebJul 21, 2024 · On July 21, 2024 (the "Petition Date") Bouchard Baker, PC filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.The Debtor's … town suites petawawa https://mlok-host.com

IN THE UNITED STATES BANKRUPTCY COURT FOR THE …

WebAug 27, 2024 · The company had run into trouble after an accident in 2024 and adverted bankruptcy earlier in 2024. Bouchard’s fleet consisted of 25 tugs and 22 barges that were sold at the beginning of August ... WebMar 2, 2024 · Total Views: 11733. March 2, 2024. A U.S. bankruptcy judge has ordered Morton S. Bouchard III, the long-time CEO of New York-based Bouchard Transportation, to be immediately removed from his ... town suites phoenix arizona

Bouchard Gets OK For Ch. 11 Plan, Wells Fargo Deal - Law360

Category:Bankruptcy Judge Orders Removal of Morton Bouchard …

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Bouchard bankruptcy

Tug Robert J. Bouchard Corporation - Stretto

WebJun 11, 2024 · On July 19, 2024, Bouchard Transportation Co., Inc. and four affiliated debtors will be auctioned off under Chapter 11 of the US Bankruptcy Code. Bid deadline … WebBouchard Transportation Co., Inc., et al. On September 28, 2024 (the "Petition Date"), Bouchard Transportation Co., Inc. and four affiliated debtors filed voluntary petitions for …

Bouchard bankruptcy

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WebJun 10, 2024 · Melville-based Bouchard filed for Chapter 11 bankruptcy protection in September. One of the company's barge, seen here, was involved in a 2024 explosion off Port Aransas, Texas. WebSep 29, 2024 · After tough years, Bouchard Transportation heads to bankruptcy court The company has as much as $500m in liabilities, filings show. 29 September 2024 16:27 GMT Updated 30 September 2024 …

WebDec 1, 2024 · Bouchard Transportation Co. Inc., the largest independent petroleum barge company in the United States, announced in September that it and 51 subsidiaries had filed petitions to restructure under Chapter 11 of the U.S. Bankruptcy Code. The filing in U.S. Bankruptcy Court for the Southern District of Texas followed an announcement in … WebAug 5, 2024 · Bouchard filed for bankruptcy to block multiple foreclosure sales of its vessels in Louisiana, Florida, Texas and New York. The case is In re Bouchard Transportation Co Inc, U.S. Bankruptcy Court ...

WebOct 22, 2024 · Petroleum barge company Bouchard Transportation has obtained bankruptcy court approval to access part of a $60 million loan to fund its operations while in Chapter 11. During a video hearing on ... WebBouchard Transportation Co., Inc., et al. On September 28, 2024 (the "Petition Date"), Bouchard Transportation Co., Inc. and four affiliated debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code.

WebMay 2, 2024 · A bankruptcy court judge in Texas in February ordered the beleaguered Bouchard Transportation Co. to immediately remove CEO Morton S. Bouchard III from …

WebA Texas bankruptcy judge Thursday approved Bouchard Transportation Co.'s request to sell its oil barge fleet to a pair of creditors for more than $245 million, although the … town suites pittsburgh paWebJun 14, 2024 · June 14, 2024. (MELVILLE, N.Y.) — Tugboat and barge operator Bouchard Transportation, which filed for Chapter 11 bankruptcy protection in September, is now seeking a buyer, according to a notice posted June 8 by the New York State Department of Labor. If the company does not find a buyer, it may begin to lay off employees in July. town suites richland waWebAug 10, 2024 · With Bouchard, the original filing, in the Southern District of Texas, was done “under the gun- with a host of trade creditors threatening asset foreclosures in multiple states. Prior to the ... town suites plant cityWebOct 16, 2024 · A filing in the Bouchard Transportation Co. Chapter 11 bankruptcy case paints a sobering picture of how one of America’s longest established maritime companies found itself plunged into a liquidity crisis, falling behind in crew wage payments, unable to maintain vessels in regulatory compliance and facing multiple vessels being scheduled … town suites raleigh ncWebNov 30, 2024 · Bouchard declared bankruptcy in September 2024 and proposed reorganizing its operations. It had $230 million in debt as the Covid-19 pandemic worsened financial problems, including those resulting from a fatal Texas barge explosion in 2024. But in the spring, the company said it had not been able to find a partner and would sell its … town suites pocatelloWebJun 10, 2024 · Melville-based Bouchard Transportation filed for Chapter 11 bankruptcy in September in the United States Bankruptcy Court for the Southern District of Texas. In 2024, Bouchard tugboat crews across the U.S. were stranded without pay and forced to remain on board their vessels by the U.S. Coast Guard. Some crews were stranded for … town suites ridgeland msWebJul 21, 2024 · On July 21, 2024 (the "Petition Date") Bouchard Baker, PC filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.The Debtor's case was assigned case no. 22-11029 in the U.S. Bankruptcy Court Massachusetts District (the "Bankruptcy Court") Boston division office.The Debtor is being represented by The … town suites rock hill