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Published on 7/30/2014 in the Prospect News Distressed Debt Daily.

Overseas Shipholding Group projects Aug. 5 amended plan effective date

By Caroline Salls

Pittsburgh, July 30 – Overseas Shipholding Group, Inc. expects its amended plan of reorganization to take effect on Aug. 5, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the plan was confirmed on July 18.

Overseas Shipholding, a New York-based tanker company, filed for bankruptcy on Nov. 14, 2012. Its Chapter 11 case number is 12-20000.


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