Aegean Marine Petroleum Network's new bankruptcy plan has gotten the OK from a federal judge.
In a quick, amicable hearing in Manhattan bankruptcy court Monday morning, District Judge Michael Wiles signed off on the restructuring support agreement and debtor-in-possession plan hashed out last month between the New York-listed bunkering company, lender Mercuria Energy Group and formerly dissident creditors.
"Both of these matters are going forward on an uncontested basis," said Ben Winger, an attorney for Aegean.