Cal Dive International, Inc. filed a motion in the US Bankruptcy Court seeking the conversion of its bankruptcy case from Chapter 11 reorganization to Chapter 7 liquidation on February 6, 2017. The debtor seeks conversion of its bankruptcy case to Chapter 7 as the debtor believes that the goal of maximizing the net recoveries to creditors will best be achieved through the orderly liquidation process administered by a chapter 7 trustee.