Wednesday, June 17, 2009

Liquidation?

From: http://www.starbulletin.com/business/20090617_Abandon_ships.html

"Abandon ships"
Bankrupt Hawaii Superferry seeks court approval to abandon its two vessels
By David Segal Honolulu Star-Bulletin June 17, 2009

The Hawaii Superferry, anchored in bankruptcy in a Wilmington, Del., courtroom, is seeking to literally abandon ship about three months after legal and environmental obstacles forced it to cease operations in the islands...>>>Rest of Article>>>

[The previous Circuit Court ruling only voided the Kahului portion of the Harbors Operating Agreement.--Ed.]

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