cross-border bankruptcies Archives

ENTREC's fleet includes semi-trucks for heavy haul transportation like the ones seen parked.

Nate Tabak Monday, June 15, 2020

Bankrupt ENTREC courts buyers for subsidiaries

ENTREC begins soliciting offers for ENTREC Cranes and Heavy Haul in the U.S. and ENT Oilfield Group in Canada under creditor protection in both countries.

Judge approves ENTREC’s cross-border bankruptcy plans

Canadian heavy equipment hauler secures Chapter 15 bankruptcy protection, clearing the way for the company to court buyers and investors for its trucking and crane assets in Alberta and Texas.

ENTREC cleared to pursue asset sales as lenders extend financing

Canadian judge approves heavy-equipment hauler’s plans to operate under creditor protection as CEO urges U.S. bankruptcy court to recognize proceedings.