Seeing Value – SEACOR & Whippoorwill Acquire Trailer Bridge

Having previously acquired more than 90% of the $82.5 million 9.25% Senior Secured Notes, SEACOR Holdings, Inc. and Whippoorwill Associates, Inc. reached an agreement this week with Trailer Bridge, Inc. on a plan of reorganization which would allow the company to emerge from Chapter 11 by the end of March 2012. Clearly, this was a highly successful process with the resolution agreed approximately 60 days from the date of filing on November 18, 2011.

This is only an excerpt of Seeing Value – SEACOR & Whippoorwill Acquire Trailer Bridge

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.