On April 21, 2014, Genco Shipping & Trading Limited and its subsidiaries (collectively, the â€śDebtorsâ€ť), filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code (the â€śChapter 11 Casesâ€ť). As part of the chapter 11 filing the Debtors also filed a pre-packaged chapter 11 Plan of Reorganization in the United States Bankruptcy Court for the Southern District of New York (the â€śBankruptcy Courtâ€ť). These Chapter 11 cases were jointly administered under Case No. 14-11108 (SHL).
On July 2, 2014, the court entered a Memorandum Opinion and issued Findings of Fact, Conclusions of Law and Order (I) Approving the Debtors (A) Disclosure Statement dated April 16, 2014 Pursuant to Sections 1125 and 1126(B) of the Bankruptcy Code and (B) Solicitation of Votes and Solicitation Procedures and (II) Confirming the First Amended Pre-Packaged Plan of Reorganization of the Debtors Pursuant to Chapter 11 of the Bankruptcy Code. On July 9, 2014, the Effective Date of the First Amended Prepack Plan occurred. Copies of the Confirmation Order and Notice of Effective Date are available by clicking the appropriate links on the left.
For further information on the Chapter 11 case, please visit the Court's website at https://ecf.nysb.uscourts.gov/, where the official docket can be accessed through the Court's Case Management/Electronic Case Filing ("CM/ECF") system. A PACER account is needed to access CM/ECF.