Hovensa L.L.C. Bankruptcy New Filing Alert: Order Regarding The Plan Of Liquidation

On February 16, 2016, an order regarding the plan of liquidation was filed in the bankruptcy case of Hovensa L.L.C. and its affiliates.

The filing was assigned docket number 622 and is described on the court’s official docket as follows:

Order Approving Stipulation Clarifying the Obligations of the Reorganized Debtor and the Environmental Response Trust Under the Transaction Documents (RE: related docs [467], [541], [542], [608], and [619]) Signed on 2/16/2016. (Capp, Laurie)

Hovensa L.L.C. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Virgin Islands. The case number for the lead bankruptcy case is 15-10003. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Morrison & Foerster LLP is acting as lead bankruptcy counsel to Hovensa L.L.C. in the bankruptcy case.


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