Filing Alert: Crosby Marine Transportation Chapter 11
Crosby Marine Transportation Files Chapter 11 in Eastern District of Louisiana
Crosby Marine Transportation, LLC and its debtor affiliates⁽¹⁾, a Galliano, LA-based provider of marine transportation, towing, and dredging services, filed for Chapter 11 protection on Mar. 23 in the U.S. Bankruptcy Court for the Eastern District of Louisiana.
The company reports $100 million to $500 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-10678.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Benjamin W. Kadden
Lugenbuhl, Wheaton, Peck, Rankin & Hubbard
Email: [email protected]
Investment Banker:
- Raymond James & Associates, Inc.
Financial Advisor / CRO:
- SierraConstellation Partners LLC (Lawrence Perkins)
Claims Agent:
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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