E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/29/2016 in the Prospect News Distressed Debt Daily.

Former First Mariner Bancorp Chapter 11 case closed via final decree

By Caroline Salls

Pittsburgh, June 29 – The Chapter 11 case of Capital Trust Holdings, Inc., formerly First Mariner Bancorp, was closed Wednesday by the U.S. Bankruptcy Court for the District of Maryland.

As previously reported, First Mariner’s plan of liquidation was confirmed in December 2014.

The court said in Wednesday’s order that the company’s estate has now been fully administered.

First Mariner, the Baltimore-based holding company for 1st Mariner Bank, filed for bankruptcy on Feb. 10, 2014. The Chapter 11 case number is 14-11952.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.