Hornblower Holdings LLC

  1. June 17, 2024

    Justices Side With US Trustee, Alex Jones Switches To Ch. 7

    The U.S. Supreme Court ruled there would be no retroactive redress for a disparity between U.S. trustee fees in different jurisdictions, seafood restaurant chain Red Lobster struck a deal with creditors to hammer out a reorganization plan, and a Texas judge pulled the trigger on converting Alex Jones' Chapter 11 case to a Chapter 7.

  2. June 10, 2024

    High Court On Ch. 11, New Bank Rules, Alex Jones Ch. 7 Shift

    The U.S. Supreme Court said an insurance company has "party in interest" standing to intervene in a Chapter 11 case, the U.S. Department of Justice's bankruptcy watchdog "modernized" its agreement for banks holding debtor funds, and recent motions could pivot Alex Jones and his media company's Chapter 11s to Chapter 7 liquidations.

  3. June 07, 2024

    Cruise Co. Gets Ch. 11 Plan OK After Last Objection Nixed

    A Texas bankruptcy judge confirmed Hornblower Holdings LLC's Chapter 11 plan, disposing of the objection of a surety bond company responsible for customer refunds that wanted to be reimbursed in full and in cash for refunds it paid out under any confirmed plan in an opinion made public Friday.

  4. June 03, 2024

    Cruise Co.'s Ch. 11 Confirmation Tripped Up By Surety Debate

    A Texas bankruptcy judge on Monday put off confirming the Chapter 11 plan of sightseeing cruise business Hornblower Holdings LLC in order to address the remaining objection against the plan brought by a company backing Hornblower's refunds.

  5. April 12, 2024

    Hornblower Gets OK For Creditor Vote On Ch. 11 Plan

    A Texas bankruptcy judge on Friday sent Hornblower Holdings' Chapter 11 plan out for a creditor vote after hearing the cruise and tour operator had resolved creditor objections to its plan disclosure statement.

  6. April 09, 2024

    Hornblower Creditors Try To Sink Cruise Line's Disclosure

    Hornblower Holdings LLC's creditors are objecting to the bankrupt cruise line's disclosure statement, arguing that it doesn't include basic information necessary for unsecured creditors who hold more than $1.3 billion in claims to evaluate the proposed reorganization plan.

  7. March 25, 2024

    Cruise Line Co. Hornblower Receives Final DIP Approval

    Cruise line and ferry service Hornblower Group Inc. received final approval for a $300 million senior debtor-in-possession loan and a $285 million junior DIP loan at a hearing Monday in Texas.