Overseas Shipholding Group, Inc.  Bankruptcy New Filing Alert: Order Regarding The Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On January 26, 2015, an order regarding the motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Overseas Shipholding Group, Inc.  and its affiliates.

The filing was assigned docket number 4240 and is described on the court’s official docket as follows:

Order Pursuant To 11 U.S.C. §§ 105(a) And 363(b) And Fed. R. Bankr. P. 9019 Approving Settlement Agreement With National Shipping Company Of Saudi Arabia (Related Doc # [4217]). Order Signed on 1/26/2015. (Attachments: # (1) Exhibit A) (NAL)

Overseas Shipholding Group, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 14, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 12-20000. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter Walsh. The law firm of Cleary Gottlieb Steen & Hamilton LLP is acting as lead bankruptcy counsel to Overseas Shipholding Group, Inc.  in the bankruptcy case.


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