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Tuscany International Drilling Inc T.TID

Energy Oil & Gas Equipment & Services


TSX:TID - Post by User

Tuscany International Drilling Inc > Court Documents
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Post by justsomeguytradingon Feb 04, 2014 4:48pm
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Post# 22171795

Court Documents

Court DocumentsGreat post RHertig...

If you check the "Petition" link below - on page 1/13 you will see at the bottom

"Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds available for distibution to unsecured creditors"

https://delawarebankruptcy.foxrothschild.com/wp-content/uploads/sites/24/2014/02/Tuscany-Petition.pdf

See page 8 forward for largest unsecured creditors:
Citi 1MM
Black Spruce 400K
Lawyers 300K
Canrig Drilling 260K
Bank of Nova Scotia 220K
etc...
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