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Chapter 11
REITs
As Eagle Hospitality Trust's Chapter 11 sale completes, recovery unlikely for unitholders
Eagle Hospitality Trust's sale of 14 properties protected under Chapter 11 has been approved by the US Bankruptcy Court.
June 01, 2021
REITs
EHT's unitholders are petitioning for Urban Commons to acquire EHT's assets
EHT’s unitholders are petitioning for UC to acquire EHT’s assets just as UC is taken to court over alleged fraudulent transfers
May 25, 2021
Mermaid announces $9.4 mil contract win; says subsidiary ‘largely unaffected’ by Seadrill
SINGAPORE (Sept 14): Mermaid Maritime announced Thursday that it has won a long-term submarine cable survey contract in the Middle East worth an estimated US$7 million ($9.4 million).
Scheduled to start in 3Q 2017, the work involves the use of a Mermai
September 14, 2017