Omega Navigation Enterprises Defeats Lender Motions - Supply Chain D...

01/05/12

Omega Navigation Enterprises Defeats Lender Motions
Supply Chain Digital (press release)
This favorable decision will enable Omega to formulate a reorganization plan for emergence from Chapter 11. The Court also entered a separate order criticizing the Senior Lenders for alleging that Omega had acted in bad faith, finding that the evidence ...