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Bullboard - Stock Discussion Forum
Tuscany International Drilling Inc
T.TID
Energy
Oil & Gas Equipment & Services
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TSX:TID - Post Discussion
Tuscany International Drilling Inc
> Court Documents
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•••
justsomeguytrading
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Post by
justsomeguytrading
on Feb 04, 2014 4:48pm
Court Documents
Great 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, the
re
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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•••
justsomeguytrading
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Comment by
justsomeguytrading
on Feb 04, 2014 4:52pm
Additional info https://cases.primeclerk.com/tuscany/ Hearings began today at 1pm EST
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