Independent journal on economy and transport policy
19:45 GMT+2
DOT also objects to Superferry plans
(The Honolulu Advertiser)
June 25, 2009
By Derrick DePledge Advertiser Government Writer
The state Department of Transportation yesterday joined unsecured creditors owed money by Hawaii Superferry in objecting to the company's request to abandon its two high-speed catamarans.
In filings in U.S. Bankruptcy Court in Delaware, the unsecured creditors and the state argue it is premature for Superferry to abandon the catamarans so soon in the bankruptcy process ...... Read more on The Honolulu Advertiser
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