Trico Wins Confirmation Of Ch. 11 Liquidation Plan
The order ends a year-long stay in court protection that saw Trico spin-off its operating subsidiaries into a new venture — Norway-based DeepOcean Group Holding AS — while selling off several of its oil services vessels to pay back creditors.
U.S. Bankruptcy Judge Brendan L. Shannon signed off on the plan, praising counsel on all...
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