Thomas Cook seeks Chapter 15 case dismissal, cites winding-up order

By Caroline Salls

Pittsburgh, Oct. 9 – Thomas Cook Group plc foreign representative Peter Fankhauser asked the U.S. Bankruptcy Court for the Southern District of New York to allow him to withdraw the Chapter 15 bankruptcy case filed on behalf of the company and to dismiss the case, according to a motion filed Tuesday.

Fankhauser said the Chapter 15 case should be withdrawn because the scheme of arrangement proceedings for which U.S. court recognition was originally sought have not moved forward.

Instead, the representative said Thomas Cook applied to the Chancery Division (Business and Property Court) of the High Court of Justice of England and Wales for a compulsory winding up order.

The winding-up order was granted on Sept. 23, the motion said.

Thomas Cook is a London-based travel company. The company filed bankruptcy on Sept. 16 under Chapter 15 case number 19-12984.

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