Trico Marine files for bankruptcyNews // August 30, 2010
Trico Marine Services has confirmed that its US companies and its Cayman Islands holding company have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.
Aside from the Cayman Islands holding company, Trico's foreign subsidiaries were not included in the filing and will not be subject to the requirements of the US Bankruptcy Code.
Trico's US and worldwide operations are expected to continue without interruption during the restructuring process.
Trico subsidiaries oncluded in the proceedings include:
• Trico Marine Services, Inc.
• Trico Marine Assets, Inc.
• Trico Marine Operators, Inc.
• Trico Marine International, Inc.
• Trico Holdco LLC
• Trico Marine Cayman, L.P.