Genco Shipping To File for Ch. 11 In Deal With Lenders
By Stephanie Russell-Kraft ( April 4, 2014, 2:39 PM EDT) -- Genco Shipping & Trading Ltd. announced Thursday that it will file for Chapter 11 bankruptcy protection this month as part of a debt-for-equity deal with lenders who will support the company's restructuring plan once it is filed in court....
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