Marco Polo To Liquidate Under Proposed Ch. 11 Plan
By Lisa Uhlman ( May 8, 2012, 7:13 PM EDT) -- Oil tanker operator Marco Polo Seatrade BV and related debtors filed a Chapter 11 liquidation plan Monday in New York bankruptcy court after reaching a global settlement with three lenders and the official committee of unsecured creditors in their case....
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