In a statement issued Tuesday afternoon Sobelmar Antwerp told clients that the judge overseeing its Chapter 11 restructuring has approved its request for interim relief.
The debtor noted the ruling will keep creditors at bay. It also means the owner can pay employees and cover expenses incurred over the ordinary course of business.
“It is business as usual for our vendors, customers and charter parties,” the operator continued before pointing out that it is hoping for a “speedy emergence” from Chapter 11.
Sobelmar
