GulfMark Offshore emerges from Chapter 11 bankruptcy

NOVEMBER 15, 2017 — GulfMark Offshore, Inc. (NYSE American:GLF) reports that it has completed its financial restructuring plan and emerged from bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. Its

Horizon Shipbuilding files for bankruptcy protection

OCTOBER 31, 2017—Horizon Shipbuilding, Inc., Bayou La Batre, AL, has filed a voluntary petition for bankruptcy protection under Chapter 11 in the United States Bankruptcy Court, Southern District of Alabama, Mobile Division.

Seadrill files for Chapter 11 bankruptcy

SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the

Tidewater emerges from Chapter 11 bankruptcy

JULY 31, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW) reports that effective today, the company and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization

Court accepts Tidewater Chapter 11 reorganization plan

JULY 17, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW), which filed for Chapter 11 bankruptcy protection back in May, reports that the U.S Bankruptcy Court for the District of Delaware

Tidewater files Chapter 11 bankruptcy petitions

MAY 18, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW) reported yesterday that it and certain of its subsidiaries have now filed voluntary petitions under chapter 11 of title 11 of

Economou’s Ocean Rig files for bankruptcy

MARCH 28, 2017 — Deepwater drilling company Ocean Rig UDW Inc. (NASDAQ:ORIG) and various subsidiaries have entered into a restructuring support agreement with creditors and have presented winding up petitions in the

Hanjin Shipping: From the eye of the storm and back

MARCH 8, 2017—Back this past February, a South Korean court declared Hanjin Shipping bankrupt. The bankruptcy sent shockwaves through the shipping industry. Montgomery McCracken’s Wook Chung, Esq., the former general counsel for

ISHC set to exit Chapter 11 as SEACOR unit

MARCH 7, 2017 — International Shipholding Corporation (ISHC) says it has completed an important step towards emerging from bankruptcy with the confirmation of its Chapter 11 plan of reorganization by the U.S.

Court declares Hanjin Shipping bankrupt

FEBRUARY 17, 2017 — South Korea’s Yonhap news agency reports that Hanjin Shipping Co. was today officially declared bankrupt by the Seoul Central District Court, after a two-week period for appeal expired.

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