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Outer Harbor Terminal, LLC

  1. October 02, 2017

    Outer Harbor Creditors Object To Redacted Lender Fee Bid

    The official committee of unsecured creditors in the Chapter 11 case of port operator Outer Harbor Terminal LLC objected Sunday to the debtor's attempt to make fee and expense payments to the legal counsel of its post-petition lenders, saying documents were too heavily redacted to provide needed information.

  2. September 11, 2017

    Bankrupt Outer Harbor Consents To Ch. 7 Conversion

    Bankrupt, bleeding cash and out of Chapter 11 options, Oakland, California-based Outer Harbor Terminal LLC agreed Friday with a call by the U.S. trustee's office to convert its bankruptcy case to a Chapter 7 liquidation.

  3. July 14, 2017

    US Trustee Says Outer Harbor's Case Approaching Insolvency

    The federal bankruptcy watchdog asked a Delaware judge Friday to convert the Chapter 11 case of port operator Outer Harbor Terminal LLC to a Chapter 7 liquidation, saying the company is no longer operating and has no hopes of resuming its business.

  4. July 11, 2017

    Outer Harbor Creditors Say Debtor's Plan Period Is Done

    The official committee of unsecured creditors of bankrupt shipping port operator Outer Harbor Terminal LLC objected late Monday in Delaware bankruptcy court to the company's bid to extend the exclusive period during which the debtor can file a Chapter 11 plan, saying it has had 17 months of exclusivity and the plan it has proposed is dead in the water.

  5. June 15, 2017

    Outer Harbor Creditors Appeal Lien Investigation Shutdown

    The unsecured creditors of defunct Outer Harbor LLC on Wednesday appealed a Delaware bankruptcy court's decision denying them an opportunity to challenge the cargo handling operation's Chapter 7 liquidation plan over $25 million in "suspicious" prepetition payments by the debtor.

  6. May 08, 2017

    Creditors Lose Bid To Challenge Outer Harbor's Ch. 11 Plan

    The unsecured creditors of defunct Outer Harbor LLC received a mixed bag Friday, as the Delaware bankruptcy court rejected their bid to challenge its Chapter 11 plan but signaled they will be allowed to conduct "some" investigation into $25 million in prepetition payments.

  7. April 25, 2017

    Release Dispute Slows Outer Harbor Ch. 11 Disclosure Move

    Chapter 11 plans for bankrupt port operator Outer Harbor Terminal LLC stayed at anchor Tuesday, after a Delaware judge concluded that the company and creditors need a quick court ruling first on unsecured creditor rights to pursue $25 million in prepetition transfers.

  8. March 29, 2017

    Outer Harbor Creditors To Argue For Longer Investigation

    The unsecured creditors committee of bankrupt port operator Outer Harbor Terminal LLC will argue for its motion seeking records of $25 million in prepetition transfers next month after a Delaware judge heard from both parties Wednesday.

  9. March 27, 2017

    Outer Harbor Creditors Say $25M In Payments Is 'Suspicious'

    The unsecured creditors committee in the Outer Harbor LLC bankruptcy said Monday it wants to haul various "insiders" into court and force them to testify about roughly $25 million in "suspicious" payments made before the California port services company went under last year.

  10. March 01, 2017

    Unsecured Creditors Blast Outer Harbor's Ch. 11 Plan

    The creditors committee in the Outer Harbor Terminal LLC bankruptcy lambasted the California port services company's push for a combined Chapter 11 plan and disclosure statement Wednesday, arguing it is trying to ram through an inadequate strategy without any input from unsecured creditors.

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