0000876661-12-000830.txt : 20121220
0000876661-12-000830.hdr.sgml : 20121220
20121220135152
ACCESSION NUMBER: 0000876661-12-000830
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20121220
DATE AS OF CHANGE: 20121220
EFFECTIVENESS DATE: 20121220
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: OVERSEAS SHIPHOLDING GROUP INC
CENTRAL INDEX KEY: 0000075208
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
IRS NUMBER: 132637623
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06479
FILM NUMBER: 121276769
BUSINESS ADDRESS:
STREET 1: 666 THIRD AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2122511153
MAIL ADDRESS:
STREET 1: 666 THIRD AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10017
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
75208
OVERSEAS SHIPHOLDING GROUP INC
001-06479
666 Third Avenue
New York
NY
NEW YORK
10017
(212) 953-4100
Common Stock
17 CFR 240.12d2-2(b)
Edwin Mecabe
Director
2012-12-20
EX-99.25
2
osg.txt
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION
OF THE STATED SECURITIES
New York Stock Exchange LLC (the 'Exchange' or the 'NYSE') hereby notifies
the Securities and Exchange Commission (the 'Commission') of its intention
to remove the entire class of Common Stock of Overseas Shipholding Group,
Inc., (the 'Company') from listing and registration on the Exchange at the
opening of business on December 31, 2012, pursuant to the provisions of
Rule 12d2-2 (b), because, in the opinion of the Exchange, the Common
Stock is no longer suitable for continued listing and trading on the Exchange.
This decision was reached in view of the Company?s November 14, 2012
announcement that it filed voluntary petitions for relief under Chapter 11 of
the Bankruptcy Code in the United States Bankruptcy Court for the District of
Delaware in Wilmington. NYSE Regulation noted the uncertainty as to the
timing and outcome of the bankruptcy process, as well as the ultimate effect
of this process on the Company's common stockholders.
1. The Exchange's Listed Company Manual (the 'LCM'), subsection 802.01D
(Bankruptcy and/or Liquidation), states that the Exchange would normally
give consideration to suspending or removing from the list a security of a
company when an 'intent to file under any of the sections of the bankruptcy
law has been announced or a filing has been made or liquidation has been
authorized and the company is committed to proceed.
2. The Exchange, on November 14, 2012, determined that the Common
Stock should be suspended from trading on November 14, 2012, and directed
the preparation and filing with the Commission of this application for the
removal of the Common Stock from listing and registration on the Exchange.
The Company was notified by letter on November 14, 2012.
3. Pursuant to the above authorization, a press release was issued on
November 14, 2012, and an announcement was made on the 'ticker' of the
Exchange at the close of the trading session on November 14, 2012 of the
proposed suspension of trading in the Common Stock. Similar information
was included on the Exchange's website. Trading in the Common Stock on
the Exchange was suspended immediately at the close of the trading session
on November 14, 2012.
4. The Company had a right to appeal to the Committee for Review of the
Board of Directors of NYSE Regulation the determination to delist its
Common Stock, provided that it filed a written request for such a review with
the Secretary of the Exchange within ten business days of receiving notice of
delisting determination. The Company did not file such request within the
specified time period.
Accordingly, the Exchange, having complied with all of its procedures, is
authorized to file this application in accordance with Section 12 of the
Securities Exchange Act of 1934 and the rules promulgated thereunder.