Case Background

On June 14, 2017, certain subsidiaries of CGG S.A. filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The Debtors' cases are pending before the Honorable Judge Martin Glenn, and the Debtors are jointly administration under Case No. 17-11637.

For information related to the chapter 15 case of CGG S.A., Case No. 17-11636 pending in the United States Bankruptcy Court for the Southern District of New York, which recognizes a concurrent Sauvegarde proceeding in France, please click here.

Important Information & Dates

A hearing on the Debtors' First Day Motions was held on June 14, 2017 at 6:00 PM (ET) before the Honorable Martin Glenn, United States Bankruptcy Court for the Southern District of New York, One Bowling Green, Court Room 523, New York, NY 10004-1408.

A final hearing on certain of the First Day Motions was held on July 13, 2017 at 10:00 a.m. (ET).

Please click below to view and download the Debtors' First Day Motions and Orders:

First Day Motions

First Day Orders

341 Meeting of Creditors

The 341 Meeting of Creditors of will be held on August 9, 2017 at 2:30 PM at the United States Bankruptcy Court, SDNY, One Bowling Green, Room 523, New York, NY 10004-1408.

Please click below to view and download the Notice of Commencement:

Notice of Commencement

Plan and Disclosure Statement

On July 24, 2017, the Debtor filed their Chapter 11 Plan of Reorganization and the Disclosure Statement related thereto. The Bankruptcy Court will hold a hearing to consider approval of the Disclosure Statement on August 28, 2017 at 10:00 A.M. (Prevailing Eastern Time).

Please click below to view and download the Debtor's Plan and Disclosure Statement:

Plan & Disclosure Statement

Dates

August
9

341 Meeting of Creditors

2:30 p.m. (ET)
August
28

Disclosure Statement Hea...

10:00 a.m (ET)
September
20

Notice of Hearing re Cas...

3:00 p.m. (ET)
June
14
__________
July
13
10:00 a.m. (ET)

Final Hearing on Certain First Day Motions

August
9
2:30 p.m. (ET)

341 Meeting of Creditors

Canadian Recognition Proceedings

Certain Canadian subsidiaries of CGG S.A. involved in the chapter 11 proceedings have obtained recognition of the chapter 11 proceedings as foreign main proceedings in Canada under the Companies’ Creditors Arrangement Act (Canada). Notices of recognition of the chapter 11 proceedings in Canada, in the form shown here, were published in accordance with the Initial Recognition Order (Foreign Main Proceeding), granted by the Alberta Court of Queen’s Bench. For information related to the Canadian recognition proceedings please click here.

Parties

Debtors' Counsel

Paul, Weiss, Rifkind, Wharton & Garrison LLP

1285 Avenue of the Americas
New York, NY   10019
https://www.paulweiss.com/
Phone: 212-373-3000
Fax: 212-757-3990
Alan W. Kornberg
Brian S. Hermann
Lauren Shumejda

Debtors' Financial Advisors

AlixPartners

909 Third Avenue
New York, NY   10022
https://www.alixpartners.com/en
Phone: 212-490-2500
Fax: 212-490-1344
Becky A. Roof

United States Trustee and Court Information

Office of the United States Trustee

U.S. Federal Office Building
201 Varick Street, Suite 1006
New York, NY   10014
https://www.justice.gov/ust-regions-r02
Phone: 212.510.0500
Fax: 212.668.2255
Andrea B. Schwartz
Susan Arbeit

United States Bankruptcy Court

Southern District of New York
One Bowling Green
New York, NY   10004-1408
http://www.nysb.uscourts.gov
Phone: 212.668.2870


Debtors

Case Number
Debtor Name
Petition Date
17-11637 CGG Holding (U.S.) Inc. June 14, 2017
17-11641 CGG Holding B.V. June 14, 2017
17-11645 CGG Marine B.V June 14, 2017
17-11642 CGG Holding I (UK) Limited June 14, 2017
17-11643 CGG Holding II (UK) Limited June 14, 2017
17-11647 CGG Services (U.S.) Inc. June 14, 2017
17-11640 Alitheia Resources Inc. June 14, 2017
17-11650 Viking Maritime Inc. June 14, 2017
17-11644 CGG Land (U.S.) Inc. June 14, 2017
17-11648 Sercel Inc. June 14, 2017
17-11649 Sercel-GRC Corp. June 14, 2017
17-11639 Sercel Canada Ltd. June 14, 2017
17-11638 CGG Canada Services Ltd. June 14, 2017
17-11646 CGG Marine Resources Norge AS June 14, 2017