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Published on 5/9/2014 in the Prospect News Distressed Debt Daily.

Genco Shipping appointed three-member equity security holder committee

By Kali Hays

New York, May 9 - Genco Shipping & Trading Ltd.'s U.S. trustee, William K. Harrington, appointed a three-member official committee of equity security holders to the company, according to a May 9 notice with the U.S. Bankruptcy Court for the Southern District of New York.

Appointed to the committee were Dan Gropper of Aurelius Capital Partners, LP; Mark Taub of Mohawk Capital LLC; and Neal O. Goldman of OZ Domestic Partners, LP, all of whom are based in New York.

Genco, a New York-based transporter of iron ore, coal, grain, steel products and other drybulk cargoes, filed for bankruptcy on April 21. The Chapter 11 case number is 14-11108.


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