Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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June 20, 2013

TMT USA Shipmanagement LLC and 22 Related Companies File For Chapter 11

  • Debtor Name:  TMT USA Shipmanagement LLC
  • Year Filed:  2013
  • Jurisdiction:  United States Bankruptcy Court / Southern District of Texas
  • Asset Size:  Less than 10,000,000
  • Case Number:  13-33740
  • Industry:  Other

The Debtors' fleet consists of 17 vessels, each held by an individual ship owning company.  Several of the vessels are currently "under arrest" at non-United States ports for unpaid bank debt and/or unpaid vendor/crew debt.   The arrests have been made in Singapore, Cape Town, Taiwan, Antwerp and China.

The Debtors are represented by Bracewell & Giuliani LLP

Click below for an listing of all the related Chapter 11 filings.    The consolidated assets are listed as $1.521 billion.  The consolidated liabilities are listed as $1.460 billion.

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