OSG Group Holdings, Inc.
Case Number:
1:22-bk-10718
Court:
Nature of Suit:
Firms
- Akin Gump
- Ballard Spahr
- Cole Schotz
- Latham & Watkins
- Lowenstein Sandler
- Meyer Suozzi
- Morris Nichols
- Paul Hastings
- Ropes & Gray
- Willkie Farr
- Young Conaway
Companies
Sectors & Industries:
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August 26, 2022
US Trustee Objects To OSG Holdings' Ch. 11 Liability Shield
The U.S. Trustee's Office objected Friday to allegedly impermissible liability protections in bankrupt OSG Group Inc.'s proposed Chapter 11 plan that would shield parties from claims tied to actions before the company opened its case in Delaware.
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August 10, 2022
Endo Teeters On The Edge, Revlon Equity Committee Sought
Endo Pharmaceuticals said it is close to filing for bankruptcy over its opioid liability, Revlon shareholders want representation in its Chapter 11 case, and a North Carolina judge said sanctions worked on asbestos claimants in the Bestwall bankruptcy. This is the week in bankruptcy.
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August 09, 2022
Payment Services Firm Approved For Quick Ch. 11 Process
Transaction and marketing services firm OSG Group Inc. received approval from a Delaware bankruptcy judge Tuesday for its schedule to seek confirmation of its Chapter 11 deleveraging plan by the end of August after the court said the debtor provided adequate notice to affected creditors.
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August 08, 2022
Ch. 11 Cheat Sheet: OSG Group Holdings Inc.
Payment and marketing services company OSG Group Holdings Inc. commenced a Chapter 11 case Aug. 6 with a plan to deleverage its balance sheet and obtain new financing so it can emerge from bankruptcy in less than one month.
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August 08, 2022
Payment Biz Seeks To Restructure $824M In Debt In Ch. 11
Marketing and payments company OSG Group sought Chapter 11 protection in Delaware with a plan in hand to restructure about $824 million in funded debt, but it is facing objections from the bankruptcy trustee over its proposed timeline.