On May 19, 2020 (the "Petition Date"), Hornbeck Offshore Services, Inc. and fourteen affiliated debtors (together, the "Debtors") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The Debtors' bankruptcy cases are pending joint administration under Case No. 20-32679 before the Honorable David R. Jones in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court").
General Case Information
General case information may be obtained by calling 855.258.1004 (toll-free) or 949.242.4788 (international). You may also submit an inquiry by clicking HERE.
Announcement of Restructuring Support Agreement, Summary of Plan of Reorganization, Information Regarding Key Dates and Certain Other Matters.
After engaging in extensive, arm's length, good-faith negotiations, Hornbeck Offshore Services, Inc. and certain of its affiliates and subsidiaries entered into the Restructuring Support Agreement with holders of approximately 100% of the ABL Claims, approximately 84% of the First Lien Claims, approximately 73% of the Second Lien Claims, and approximately 80% Unsecured Notes Claims. The Restructuring Support Agreement contemplates a comprehensive balance sheet restructuring to be implemented through a prepackaged chapter 11 plan.
The Company intends to request that the Bankruptcy Court convene a hearing to approve the adequacy of the Disclosure Statement and confirm the Plan (the "Combined Hearing") on June 19, 2020, subject to the availability of the Bankruptcy Court.
The Company's Plan of Reorganization was confirmed on June 19, 2020. You may read the press release by clicking HERE.
For Class 6 (Holders of Unsecured Notes Claims), additional information may be obtained by calling 888.448.3917 (toll-free) or 949.317.1839 (international). You may also submit an inquiry via email by clicking HERE.
For all other classes, additional information may be obtained by calling 855.258.1004 (toll-free) or 949.242.4788 (international). You may also submit an inquiry via email by clicking HERE.
Rights Offering Information
Additional information may be obtained by calling 888.448.3917 (toll-free) or 949.317.1839 (international). You may also submit an inquiry via email by clicking HERE.
Please click to download a copy of the Affidavit of United States Citizenship Form.
Petition Date May 19, 2020
Voting Deadline June 10, 2020 (04:00 PM CT)
Click Here for Audio June 19, 2020 (11:30 AM CT)
515 Rusk Street
Houston, TX 77002