March 15, 2024
Eletson Holdings Inc.'s unsecured creditors told a New York bankruptcy judge to cut the "vast majority" of the fees Reed Smith LLP requested for its work on the tanker company's Chapter 11 case because the firm wants nearly $1.9 million for work that didn't help the estate.
February 27, 2024
A New York bankruptcy judge scheduled an April trial to determine whether to appoint a Chapter 11 trustee in the bankruptcy of Eletson Holdings, while directing the tanker company and its unsecured creditors to continue mediation.
February 07, 2024
Unsecured creditors of bankrupt gas tanker company Eletson Holdings asked a New York court on Wednesday to appoint a Chapter 11 trustee, saying the debtor did not cooperate with the committee and accused the families that control it of transferring assets without creditors' consent while "barely" participating in the case.