Through a series of proposed sales, Trico said it expects to raise about $33 million, more than enough to pay off the $3.5 million it has spent from the Tennenbaum loan.
Nov. 11, 2010 431 Certification of Counsel Regarding Revised Proposed Order Granting Debtors' Motion To Approve The Sale Of Assets Free And Clear Of Liens, Claims, And Encumbrances To Sea Lyon Marine, Inc. (related document(s) 389 ) Filed by Trico Marine Services, Inc., et al.,. (Attachments: # 1 Exhibit A (Revised Proposed Order)# 2 Exhibit B (Revised Proposed Order Blackline)) (Remming, Andrew) (Entered: 11/11/2010)
Nov. 11, 2010 432 Certification of Counsel Regarding Revised Proposed Order Granting Debtors' Motion To Approve The Sale Of Assets Free And Clear Of Liens, Claims, And Encumbrances To GML (Offshore & Petroleum Limited) (related document(s) 387 ) Filed by Trico Marine Services, Inc., et al.,. (Attachments: # 1 Exhibit A (Revised Proposed Order)# 2 Exhibit B (Revised Proposed Order Blackline)) (Remming, Andrew) (Entered: 11/11/2010)
Nov. 11, 2010 433 Certification of Counsel Regarding Revised Proposed Order Granting Debtors' Motion for an Order (A) Approving Sale Procedures in Connection with the Sale of Trico Mystic and Trico Moon Vessels; (B) Scheduling an Auction and Hearing to Consider Approval of the Sale; and (C) Granting Related Relief (related document(s) 376 , 391 ) Filed by Trico Marine Services, Inc., et al.,. (Attachments: # 1 Exhibit A# 2 Exhibit B) (Remming, Andrew) (Entered: 11/12/2010)
Nov. 12, 2010 445 Order Granting Debtors' Motion To Approve The Sale Of Assets Free And Clear Of Liens, Claims, And Encumbrances To Sea Lyon Marine, Inc. (related document(s) 159 ) Order Signed on 11/12/2010. (SG) (Entered: 11/12/2010)
Nov. 12, 2010 446 Order Granting Debtors' Motion To Approve The Sale Of Assets Free And Clear Of Liens, Claims, And Encumbrances To GML (Offshore & Petroleum Limited). (related document(s) 159 ) Order Signed on 11/12/2010. (SG) (Entered: 11/12/2010)
Nov. 12, 2010 447 Order Granting Debtors' Motion For An Order (A) Approving Sale Procedures In Connection With The Sale Of Trico Mystic And Trico Moon Vessels; (B) Scheduling An Auction And Hearing To Consider Approval Of The Sale; And (C) Granting Related Relief. (related document(s) 376 , 391 ) Order Signed on 11/12/2010. (Attachments: # 1 Exhibit A) (SG) (Entered: 11/12/2010)