Cal Dive International Inc filed a motion in the US Bankruptcy Court for an order approving amendments to the asset purchase agreement on August 21, 2015. The debtor seeks the Court's approval of the amended asset purchase agreement between Cal Dive Offshore Contractors, Inc. and Marine Environmental Remediation Group LLC dated July 22, 2015. The debtor's assets include Panama-flagged vessel American Constitution.

As per the amended APA, the purchase price has been reduced from $0.85 million to $0.68 million. The deadline to close the sale has been extended from August 31, 2015 to a date between September 15 and September 30, 2015. The hearing to amend the APA will be held on September 11, 2015.