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 are jointly administered 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:
341 Meeting of Creditors
The 341 Meeting of Creditors was 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 Effective Date
On July 24, 2017, the Debtors filed their Chatper 11 Plan of Reorganization and the Disclosure Statement related thereto. On August 29, 2017, the Bankruptcy Court entered an order approving the Disclosure Statement. On October 16, 2017, the Bankruptcy Court entered an order confirming the Plan. On February 21, 2018, the Effective Date of the Plan occurred, and the Plan was consummated.
Please click below to view and download the Debtors' Plan and Disclosure Statement:
Dates
Notice of Hearing re Cash Management Motion
Hearing Regarding Motion to Extend Exclusivity
Hearing Regarding Cash Management Motion for Interim and Final Orders
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 |