Ultrapetrol (Bahamas) Limited

Case No.


Case Background

On February 6, 2017, Ultrapetrol (Bahamas) Limited and 30 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 Robert D. Drain and are jointly administered under Case No. 17-22168.

Important Information & Dates

Hearing on First Day Motions

The hearing on the Debtors' First Day Motions was held on February 10 at 11:00 a.m. (ET) before the Honorable Robert D. Drain, United States Bankruptcy Court for the Southern District of New York, 300 Quarropas Street, Room 248, White Plains, New York 10601.  A final hearing on certain of the First Day Motions will be held on March 7, 2017 at 10:00 a.m. (ET).

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

First Day Motions

First Day Orders

Hearing on Adequacy of the Disclosure Statement and Confirmation of the Plan

The Combined Hearing to consider, among other things, the adequacy of the Disclosure Statement and confirmation of the Plan, was held on March 17, 2017 at 11:00 a.m. (ET).

Please click below to view and download the Debtors' proposed Plan and proposed Disclosure Statement for the Plan:

Plan and Disclosure Statement 

A summary of the Plan is available here.

Plan and Disclosure Statement

On February 6, 2017, the Debtors filed their Chapter 11 Plan of Reorganization and the Disclosure Statement related thereto.  On March 17, 2017, the Bankruptcy Court entered an order approving the Disclosure Statement.  On March 17, 2017, the Bankruptcy Court entered an order confirming the Plan.  On March 31, 2017, the Effective Date of the Plan occurred, and the Plan was consummated.


Dates

March 17 2017 Combined Disclosure Statement and Confirmation Hearing 11:00 a.m. (ET) Notice of Agen... Add to Calendar
March 31 2017 Effective Date _________ Statement / No... Add to Calendar
June 16 2017 Omnibus Hearing 10:00 a.m. (ET) Notice of Hear... Add to Calendar

Parties

Debtors' Counsel

  • Zirinsky Law Partners PLLC

    375 Park Avenue
    Suite 2607
    New York, NY   10152
    Phone: 212.763.0192

    Bruce R. Zirinsky, Esq.
    Sharon J. Richardson, Esq.
    Gary D. Ticoll, Esq.

  • Hughes Hubbard & Reed LLP

    One Battery Park Plaza
    New York, NY   10004-1482
    http://www.hugheshubbard.com
    Phone: 212.837.6000
    Fax: 212.422.4726

    Christopher K. Kiplok, Esq.
    Dustin P. Smith, Esq.
    Erin E. Diers, Esq.

United States Trustee and Court Information

  • United States Bankruptcy Court

    Southern District of New York
    300 Quarropas Street, Room 248
    White Plains, NY   10601
    http://www.nysb.uscourts.gov
    Phone: 914.390.4229

    Honorable Robert D. Drain

  • 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

    Susan Arbeit

Debtors

Case Number Debtor Name Petition Date
Case Number 17-22168 Debtor Name Ultrapetrol (Bahamas) Limited Petition Date February 06, 2017
Case Number 17-22182 Debtor Name Oceanpar S.A. Petition Date February 06, 2017
Case Number 17-22173 Debtor Name Dampierre Holdings Spain, S.L. Petition Date February 06, 2017
Case Number 17-22185 Debtor Name Princely International Finance Corp. Petition Date February 06, 2017
Case Number 17-22171 Debtor Name Cedarino S.A. Petition Date February 06, 2017
Case Number 17-22189 Debtor Name Thurston Shipping Inc. Petition Date February 06, 2017
Case Number 17-22181 Debtor Name Massena Port S.A. Petition Date February 06, 2017
Case Number 17-22191 Debtor Name UABL Limited Petition Date February 06, 2017
Case Number 17-22195 Debtor Name Ultrapetrol S.A. Petition Date February 06, 2017
Case Number 17-22194 Debtor Name UABL S.A. Petition Date February 06, 2017
Case Number 17-22184 Debtor Name Parfina S.A. Petition Date February 06, 2017
Case Number 17-22183 Debtor Name Parabal S.A. Petition Date February 06, 2017
Case Number 17-22192 Debtor Name UABL Paraguay S.A. Petition Date February 06, 2017
Case Number 17-22172 Debtor Name Compagnia Paraguaya De Transporte Fluvial SA Petition Date February 06, 2017
Case Number 17-22169 Debtor Name Arlene Investments, Inc. Petition Date February 06, 2017
Case Number 17-22170 Debtor Name Brinkley Shipping Inc. Petition Date February 06, 2017
Case Number 17-22174 Debtor Name Danube Maritime Inc. Petition Date February 06, 2017
Case Number 17-22175 Debtor Name Dingle Barges Inc. Petition Date February 06, 2017
Case Number 17-22177 Debtor Name General Ventures Inc. Petition Date February 06, 2017
Case Number 17-22178 Debtor Name Hallandale Commercial Corp. Petition Date February 06, 2017
Case Number 17-22179 Debtor Name Longmoor Holdings Inc. Petition Date February 06, 2017
Case Number 17-22196 Debtor Name UPB (Panama) Inc. Petition Date February 06, 2017
Case Number 17-22188 Debtor Name Riverview Commercial Corp. Petition Date February 06, 2017
Case Number 17-22180 Debtor Name Marine Financial Investment Corp. Petition Date February 06, 2017
Case Number 17-22190 Debtor Name UABL Barges (Panama) Inc. Petition Date February 06, 2017
Case Number 17-22193 Debtor Name UABL Towing Services S.A. Petition Date February 06, 2017
Case Number 17-22176 Debtor Name Eastham Barges Inc. Petition Date February 06, 2017
Case Number 17-22186 Debtor Name Regal International Investments S.A. Petition Date February 06, 2017
Case Number 17-22187 Debtor Name Riverpar S.A. Petition Date February 06, 2017
Case Number 17-22197 Debtor Name UP River (Holdings) Ltd. (Bahamas) Petition Date February 06, 2017
Case Number 17-22198 Debtor Name UP River Terminals (Panama) S.A. Petition Date February 06, 2017