Stay updated with breaking news from Morton Bouchard. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Exculpation clauses limiting the liability of certain entities for actions taken in connection with a bankruptcy case are a common feature of chapter 11 plans. However, courts disagree...
ADVERTISEMENT Ex-Bouchard CEO Says Info Lacking On Oil Barge Fleet Sale Law360 (July 23, 2021, 7:00 PM EDT) -- The former CEO of oil barge fleet owner Bouchard Transportation Co. has filed an objection to the company's asset sale, saying there has been too little information on the outcome of the past week's auction and that a possible better offer has been made. In a motion filed Thursday ex-CEO and sole shareholder Morton Bouchard III and other Bouchard family parties reserved their rights to object to the sale of the company's assets, saying there has been no official word on the terms of...
Citing irreconcilable differences, Akin Gump Strauss Hauer & Feld LLP has asked a Texas bankruptcy judge for permission to withdraw from representing parties associated with Morton Bouchard III in the Chapter 11 case of Bouchard Transportation, the company his family has owned for generations.
0:54 A Long Island barge company will pay $375,000 to a whistleblower who was fired for telling authorities about safety concerns. The whistleblower’s brother was killed because of those safety concerns. The Melville-based Bouchard Transportation settled with the U.S. Department of Labor after a sailor came forward to say his brother was killed in an explosion because of safety violations aboard a petroleum barge. A second sailor was also killed. Investigators with the Occupational Safety and Health Administration said they found serious safety concerns with the vessel. The blast, which occ...