International Shipholding Corporation

Case No. 16-12220


Case Background

On July 31, 2016, International Shipholding Corporation and 17 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York.  The cases are pending before the Honorable Stuart M. Bernstein and are jointly administered under Case No. 16-12220.

Click here to view the company’s filing press release.

Click here to view the company’s confirmation press release.

Click here to view the company’s June 2, 2017 press release.

Important Information & Dates

Bar Date for Filing Proofs of Claim

The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:

  • General Bar Date (all creditors other than Governmental Units): December 16, 2016 at 5:00 p.m., prevailing Eastern Time
  • Governmental Unit Bar Date: January 27, 2017 at 5:00 p.m., prevailing Eastern Time

Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.

Sale Process

On October 28, 2016, the Debtors filed a motion to sell certain assets contained in the Specialty Business Segment. On November 18, 2016, the Bankruptcy Court entered an order approving the bidding and auction procedures in connection with such sale. The Auction was held on December 15, 2016 at 10:00 a.m. (ET). The Bankruptcy Court held a hearing to consider approval of the sale on December 20, 2016 at 10:00 a.m. (ET). On January 30, 2017, the Bankruptcy Court entered an order authorizing the sale. The sale closed on February 28, 2017.

Plan and Disclosure Statement

On November 14, 2016, the Debtors filed their Plan of Reorganization and the Disclosure Statement related thereto.  On January 10, 2017, the Bankruptcy Court entered an order approving the Disclosure Statement.  On March 2, 2017, the Bankruptcy Court entered an order confirming the Plan.  On July 3, 2017, the Effective Date of the Plan occurred, and the Plan was consummated.


Dates

July 31 2016 Petition Date __________________ Voluntary Peti... Add to Calendar
July 3 2017 Effective Date ______ Letter Notice ... Add to Calendar
February 27 2020 Hearing of GUC Trustee's Right Not to Defend 10:00 a.m. (ET) Notice of Adjo... Add to Calendar
+ SHOW ALL DATES
July 31 2016 __
August 3 2016 10:00 a.m. (ET)
August 9 2016 10:00 a.m. (ET)
August 22 2016 10:00 a.m. (ET)
September 7 2016 10:00 A.M.
September 15 2016 10:00 A.M.
September 29 2016 10:00 a.m. (ET)
October 18 2016 10:00 a.m. (ET)
October 18 2016 2:30 p.m.
November 18 2016 10:00 a.m. (ET)
December 8 2016 5:00 p.m. (ET)
December 13 2016 10:00 a.m. (ET)
December 15 2016 10:00 a.m. (ET)
December 16 2016 5:00 p.m. (ET)
December 20 2016 10:00 a.m. (ET)
January 5 2017 2:00 p.m. (ET)
January 19 2017 2:30 p.m. (ET)
January 24 2017 10:00 a.m. (ET)
January 27 2017 5:00 p.m. (ET)
February 8 2017 10:00 a.m. (ET)
February 16 2017 10:00 a.m. (ET)
March 21 2017 10:00 a.m. (ET)
April 11 2017 10:00 a.m. (ET)
May 2 2017 10:00 a.m. (ET)
June 27 2017 10:00 a.m. (ET)
July 3 2017 __
July 27 2017 11:00 a.m. (ET)
August 17 2017 10:00 a.m. (ET)
September 19 2017 10:00 a.m. (ET)
December 12 2017 10:00 a.m. (ET)
February 13 2018 10:00 a.m. (ET)
March 8 2018 10:00 a.m. (ET)
April 24 2018 10:00 a.m. (ET)
September 13 2018 10:00 a.m. (ET)
November 29 2018 10:00 a.m. (ET)
January 3 2019 10:00 a.m. (ET)
March 7 2019 10:00 a.m. (ET)
February 27 2020 10:00 a.m. (ET)

Parties

Debtors' Counsel

  • Akin Gump Strauss Hauer & Feld LLP

    One Bryant Park
    New York, NY   10036
    https://www.akingump.com
    Phone: 212.872.1000
    Fax: 212.872.1002

    David H. Botter

  • Akin Gump Strauss Hauer & Feld LLP

    2300 N. Field Street
    Suite 1800
    Dallas, TX   75201
    https://www.akingump.com
    Phone: 214.969.2800
    Fax: 214.969.4343

    Sarah Link Schultz
    David F. Staber

Debtors' Restructuring Advisors

United States Trustee and Court Information

  • U.S. Trustee's Office

    U.S. Federal Office Building
    201 Varick Street, Suite 1006
    New York, NY   10014
    http://www.usdoj.gov/ust/r02
    Phone: 212.510.0500
    Fax: 212.668.2255

    Serene K. Nakano

  • Southern District of New York

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

    Stuart M. Bernstein

Debtors

Case Number Debtor Name Petition Date
Case Number 16-12220 Debtor Name International Shipholding Corporation Petition Date July 31, 2016
Case Number 16-12225 Debtor Name Enterprise Ship Company, Inc. Petition Date July 31, 2016
Case Number 16-12233 Debtor Name Sulphur Carriers, Inc. Petition Date July 31, 2016
Case Number 16-12221 Debtor Name Central Gulf Lines, Inc. Petition Date July 31, 2016
Case Number 16-12222 Debtor Name Coastal Carriers, Inc. Petition Date July 31, 2016
Case Number 16-12219 Debtor Name Waterman Steamship Corporation Petition Date July 31, 2016
Case Number 16-12218 Debtor Name N.W. Johnsen & Co., Inc. Petition Date July 31, 2016
Case Number 16-12229 Debtor Name LMS Shipmanagement, Inc. Petition Date July 31, 2016
Case Number 16-12235 Debtor Name U.S. United Ocean Services, LLC Petition Date July 31, 2016
Case Number 16-12230 Debtor Name Mary Ann Hudson, LLC Petition Date July 31, 2016
Case Number 16-12232 Debtor Name Sheila McDevitt, LLC Petition Date July 31, 2016
Case Number 16-12234 Debtor Name Tower LLC Petition Date July 31, 2016
Case Number 16-12226 Debtor Name Frascati Shops, Inc. Petition Date July 31, 2016
Case Number 16-12227 Debtor Name Gulf South Shipping PTE LTD Petition Date July 31, 2016
Case Number 16-12228 Debtor Name LCI Shipholdings, Inc. Petition Date July 31, 2016
Case Number 16-12224 Debtor Name Dry Bulk Australia LTD (Dismissed 03/21/2017) Petition Date July 31, 2016
Case Number 16-12223 Debtor Name Dry Bulk Americas LTD (Dismissed 03/21/2017) Petition Date July 31, 2016
Case Number 16-12231 Debtor Name Marco Shipping Company (PTE) LTD Petition Date July 31, 2016