Thomas Cook Chapter 15 case dismissed in light of winding-up order

By Caroline Salls

Pittsburgh, Oct. 23 – Thomas Cook Group plc’s Chapter 15 case was dismissed Wednesday by the U.S. Bankruptcy Court for the Southern District of New York.

As previously reported, foreign representative Peter Fankhauser asked the court to allow him to withdraw the Chapter 15 bankruptcy case and to dismiss the case 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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