Other Notices
THE CROSS BORDER INSOLVENCY REGULATIONS 2006
NOTIFICATION OF ORDERS UNDER THE CROSS-BORDER INSOLVENCY REGULATIONS 2006
Name of Debtor | Company number |
Overseas Shipholding Group, Inc. | Delaware, USA, 0721412 |
OSG International, Inc. | Marshall Islands, 3428 |
Aqua Tanker Corporation | Marshall Islands, 21598 |
Crown Tanker Corporation | Marshall Islands, 19552 |
Delta Aframax Corporation | Marshall Islands, 18088 |
Epsilon Aframax Corporation | Marshall Islands, 18089 |
Front President, Inc. | Marshall Islands, 23121 |
International Seaways, Inc. | Marshall Islands, 15211 |
Maple Tanker Corporation | Marshall Islands, 31035 |
Oak Tanker Corporation | Marshall Islands, 31036 |
OSG Lightering LLC | Liberia, 960038 |
1372 Tanker Corporation | Marshall Islands, 4929 |
Leyte Product Tanker Corporation | Marshall Islands, 25271 |
Rosalyn Tanker Corporation | Marshall Islands, 8469 |
Samar Product Tanker Corporation | Marshall Islands, 25272 |
Shirley Tanker SRL | Barbados Society # 545 |
Alcesmar Limited | Marshall Islands, 13359 |
Alcmar Limited | Marshall Islands, 13360 |
Andromar Limited | Marshall Islands, 13361 |
Antigmar Limited | Marshall Islands, 13362 |
Ariadmar Limited | Marshall Islands, 13363 |
In the High Court of Justice, Chancery Division, Companies Court (case numbers 403-406/2013; 408-419/2013 and 421-425/2013)
Nature of business: Shipping
Address of Debtors: 666 Third Avenue, New York, NY, 10017, USA.
The following orders have been made in relation to the above Debtors under the Cross Border Insolvency Regulations 2006, that:
- 1 The proceedings under Chapter 11 of the United States Bankruptcy code in respect of the Debtors (Jointly Administered as Case No. 12-20000 (PJW) in the United States Bankruptcy Court for the District of Delaware) are recognised as a foreign main proceeding in accordance with the UNCITRAL Model Law on Cross-Border Insolvency (“the Model Law”) as set out in Schedule 1 to the Cross-Border Insolvency Regulations 2006.
- 2 Pursuant to article 21(1)(a) of the Model Law that the commencement or continuation of all actions or proceedings, including arbitral proceedings, concerning the Debtors’ assets, rights, obligations or liabilities are stayed.
- 3 Pursuant to article 21(1)(b) of the Model Law any execution against the Debtors’ assets is stayed, including, without limitation, any seizure, arrest, foreclosure upon, or levy against the Debtors’ vessels or other property.
- 4 The foreign representative is not required to serve the application upon the Debtors at their registered offices.
- 5 The foreign representative shall have permission to apply for further or other relief, including but not limited to further relief under Article 21 of the Model Law.
Orders made on 29 January 2013.
Name and address of foreign representative: John J. Ray III, c/o Cleary Gottlieb Steen & Hamilton LLP, City Place House, 55 Basinghall Street, London EC3V 5EH.