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BRIEF-Tidewater receives approval of first day motions

May 19 Tidewater Inc

* Tidewater receives approval of first day motions

* Court has granted relief requested by company in certain first day motions related to ordinary course business activities

* Approved motions authorize company to pay prepetition employee wages and benefits without interruption in ordinary course of business

* Approved motions also authorize co to maintain insurance programs, utilize its current cash management system in ordinary course of business

* Approved motions also authorize co to pay undisputed prepetition obligations owed to vendors & trade creditors in ordinary course of business Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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