Cal Dive International, Inc. news

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Bankrupt Houston marine contractor to cut jobs, close facilities
Houston-based Cal Dive International Inc. (OTC: CDVI) will reduce staff and close an unspecified number of facilities, according to a Worker Adjustment and Retraining Notification Act letter submitted to the Texas Workforce Commission.
Cal Dive Files for Chapter 11
Cal Dive International Inc. has filed for Chapter 11 bankruptcy protection, planning to operate normally while it looks to reorganize or sell its core subsea contracting business.
Cal Dive files for chapter 11 bankruptcy protection  FuelFix (blog)
Cal Dive Commences Voluntary Chapter 11 Proceeding  PR Newswire (press release)
Could Cal Dive International (CDVI) Go Bankrupt?
Cal Dive International, Inc. (OTCMKTS:CDVI), an offshore oil contractor, decided last week not to pay around $2.2 million of interest due on its 5% convertible senior notes, set to mature in 2017.
Cal Dive Preparing Chapter 11 Filing  Wall Street Journal
Cal Dive International Investor Update Issued by BrokerBank Securities, Inc.
20, 2015 /PRNewswire/ -- Cal Dive International, Inc. (OTCMRKTS: CDVI) is a marine contractor that provides manned diving, pipelay and pipe burial, platform installation and platform salvage services to a diverse customer base in the offshore oil and ...
Cal Dive International Settlement Approval Sought
Cal Dive International filed with the U.S. Bankruptcy Court a motion to approve a compromise and for an order approving a settlement agreement with Alwyn D. Marigna and authorizing a settlement payment from sale proceeds of the M/V Texas.
Cal Dive International Distribution, Mediation Sought
According to the U.S. Bankruptcy Court docket, Cal Dive International filed a motion to authorize the Debtors to distribute lien reserves related to the Kestrel, Midnight Star and Sea Horizon.
Cal Dive Gets Green Light For $120M DIP
Law360, Wilmington (April 15, 2015, 10:59 PM ET) -- A Delaware bankruptcy judge on Wednesday gave Cal Dive International Inc. the green light for a $120 million debtor-in-possession loan, a facility that provides the offshore oil services company with ...
Cal Dive International Extension Sought
Cal Dive International filed with the U.S. Bankruptcy Court a second motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including December 31, 2015 and February 29, 2016 ...
Stock in Focus: Cal Dive International, Inc. (OTCMKTS:CDVI)
Cal Dive International, Inc. (OTCMKTS:CDVI) continues to trade lower and looks like it may once again test previous lows of $0.046.
Cal Dive Provides Update on Efforts to Refinance its Revolving Credit Facility  Business Wire (press release)
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Houston-based marine contractor skips interest payment as it looks for options ...
Additionally, Cal Dive's stock was previously delisted from the New York Stock Exchange, meaning each note holder has the right to require the company to repurchase the notes held. Although Cal Dive has until Feb. 2 to repurchase any notes tendered on ...
Cal Dive Announces Decision Not to Make Interest Payment  Business Wire (press release)