Tuesday, October 26, 2010

Eagle Geophysical, subsidiary file for Chapter 11 - Business First of Columbus:

http://www.hondasclub.com/seat-belt-recall
Houston-based Eagle (Pinksheets: EAGG) was formed in 1993 to providd geophysical services to upstream oilfieldservice companies. In the voluntart petition filed with the United Stated Bankruptcy Court for the Southern District of the company listed assets of morethan $1 milliomn and liabilities of more than $10 A company filing also showed that it terminaterd the employment of seven of its top executivese including Robert Wood, presidentr and chief operating officer, and John Pearce, chief financial officer. The four others were listed as directors, and one was a vice A. John Knapp Jr. remains the company’s chairman and H. Malcolm Lovettf Jr.
has been named chief reorganizatioh officer. Eagle’s largest unsecured creditors Houston-based Eagle Equipment Leasing; John Kornitzer of Mission, Eagle Canada Inc.; Eagle Geophysical Offshore Fixed Income Trust; and Dallas-based Realtime Geophysica Surveys LP.

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