Overseas Shipholding seeks settlement of claims with Citigroup, others

By Lisa Kerner

Charlotte, N.C., Nov. 27 - Overseas Shipholding Group, Inc. and certain of its affiliates asked the court to approve certain general unsecured claims of Citigroup Financial Products Inc., DHT Holdings, Inc., Ann Tanker Corp., Chris Tanker Corp., Ania Aframax Corp., Cathy Tanker Corp., Regal Unity Tanker Corp. and Rebecca Tanker Corp.

A hearing is set for Dec. 19, according to documents filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

Overseas Shipholding, a New York-based tanker company, filed for bankruptcy on Nov. 14. The Chapter 11 case number is 12-20000.

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