Other Notices

2013-01-292013-02-06TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk175818260412

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.