Ex-Bouchard CEO Says Info Lacking On Oil Barge Fleet Sale

By Rick Archer (July 23, 2021, 7:00 PM EDT) -- The former CEO of oil barge fleet owner Bouchard Transportation Co. has filed an objection to the company's asset sale, saying there has been too little information on the outcome of the past week's auction and that a possible better offer has been made.

In a motion filed Thursday ex-CEO and sole shareholder Morton Bouchard III and other Bouchard family parties reserved their rights to object to the sale of the company's assets, saying there has been no official word on the terms of the sale to the winning bidder.

"This limited access to information makes it difficult for the Bouchard...

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