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BRIEF-U.S. bankruptcy judge says will confirm Genco Shipping chapter 11 plan
July 2, 2014 / 7:20 PM / in 3 years

BRIEF-U.S. bankruptcy judge says will confirm Genco Shipping chapter 11 plan

July 2 (Reuters) - Genco Shipping & Trading Ltd : * U.S. bankruptcy judge says will confirm Genco Shipping & Trading Ltd

chapter 11 restructuring plan * Judge rejects objection from Genco Shipping shareholders who said plan

undervalues company’s assets * Judge says finds Genco shipping’s valuation is not higher than genco’s $1.48

billion estimation

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