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Published on 7/10/2013 in the Prospect News Distressed Debt Daily.

Excel Maritime official committee of unsecured creditors appointed

By Caroline Salls

Pittsburgh, July 10 - Excel Maritime Carriers Ltd.'s official committee of unsecured creditors has been appointed by Region 2 U.S. Trustee Tracy Hope Davis, according to a Wednesday filing with the U.S. Bankruptcy Court for the Southern District of New York.

The committee members are Nicholas Brown of Zazove Associates, LLC, based in San Francisco; Stan Burg of Deutsche Bank Trust Co. Americas of Jersey City, N.J.; Nate Van Duzer of Fidelity Investments of Boston; Jason Ham of Silverback Asset Management, LLC of Chapel Hill, N.C.; and Eri Nosaka of Kayne Anderson Capital Advisors, LP of Los Angeles.

Excel is an Athens-based owner and operator of dry bulk carriers and a provider of seaborne transportation services for dry bulk cargoes. The company filed for bankruptcy on July 2 under Chapter 11 case number 13-23060.


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