INTERNATIONAL SHIPHOLDING CORPORATION Bankruptcy Filing
Case Number: 16-12220
INTERNATIONAL SHIPHOLDING CORPORATION filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on August 01, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-12220.
INTERNATIONAL SHIPHOLDING CORPORATION Filing Information
The bankruptcy petition for INTERNATIONAL SHIPHOLDING CORPORATION showed assets in the range of $100MM - $500MM with liabilities in the range of $50MM - $100MM. INTERNATIONAL SHIPHOLDING CORPORATION reports that the number of creditors is in the range of 50-99.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
INTERNATIONAL SHIPHOLDING CORPORATION indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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INTERNATIONAL SHIPHOLDING CORPORATION Docket Header
Assigned to: Judge Stuart M. Bernstein Chapter 11 Voluntary Asset |
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| Debtor International Shipholding Corporation 601 Poydras Street Pan Am Building, Suite 1850 New Orleans, LA 70130 ORLEANS-LA Tax ID / EIN: 36-2989662 |
rep. by |
David H. Botter
Akin, Gump, Strauss, Hauer & Feld, LLP One Bryant Park New York, NY 10036 212-872-1000 Fax : 212-872-1002 Email: dbotter @ akingump.com |
| U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500 |