On December 8, 2014, a stipulation regarding motion for relief with respect to secured claims was filed in the bankruptcy case of O.W. Bunker Holding North America Inc. and its affiliates.
The filing was assigned docket number 167 and is described on the court’s official docket as follows:
Stipulated Order Resolving: (I) the Objection of Nustar Supply & Trading LLC to (A) Motion for Entry of an Order Under §§ 105 and 362: (i) Directing Customer Payments into a Segregated Debtor in Possession Account Pending Outcome of Adversary Proceeding to Avoid Lien and (ii) Authorizing and Establishing Procedures for Resolution of Third Party Liens Against Customer Vessels (Dkt.No. 40 in Cas No. 14-51720: and (B) Motion Establishing and Implementing Exclusive and Global Procedures for Treatment of Reclamation Claims (Dkt. No. 41 in Case No. 14-51720: and (II) Emergency Motion of Nustar Supply & Trading LLC for Adequate Protection; Alternatively, for Relief from the Automatic Stay to Exercise Reclamation Rights (Dkt. No. 17 in Case No. 14-51721) (RE: 14 Generic Motion Part One filed by Debtor O.W. Bunker Holding North America Inc., 17 Generic Motion Part One filed by Debtor O.W. Bunker Holding North America Inc.) (Senteio, Renee) (Entered: 12/12/2014)
O.W. Bunker Holding North America Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 13, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Connecticut. The case number for the lead bankruptcy case is 14-51720. The bankruptcy case is currently assigned to United States Bankruptcy Judge Alan Shiff. The law firm of Montgomery, McCracken, Walker & Rhoads, LLP is acting as lead bankruptcy counsel to O.W. Bunker Holding North America Inc. in the bankruptcy case.