-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Dn6+VPzZl2QDxwfe9JxFGYkaEhUrfFke0Q9H986ghT99K1hxegGrJamCnwmkZ+KR fwyk6lJILHXIIsO1fqxzdA== 0001104659-09-021583.txt : 20090331 0001104659-09-021583.hdr.sgml : 20090331 20090331114218 ACCESSION NUMBER: 0001104659-09-021583 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090325 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090331 DATE AS OF CHANGE: 20090331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEA CONTAINERS LTD /NY/ CENTRAL INDEX KEY: 0000088095 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 980038412 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07560 FILM NUMBER: 09716851 BUSINESS ADDRESS: STREET 1: 41 CEDAR AVE STREET 2: P O BOX HM 1179 CITY: HAMILTON HM EX BERMU STATE: D0 BUSINESS PHONE: 4412952244 MAIL ADDRESS: STREET 1: 41 CEDAR AVE STREET 2: PO BOX HM 1179 CITY: HAMILTON HM EX BERMU STATE: D0 FORMER COMPANY: FORMER CONFORMED NAME: SEA CONTAINERS ATLANTIC LTD DATE OF NAME CHANGE: 19810817 8-K 1 a09-8950_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  March 25, 2009

 

Sea Containers Ltd.

(Exact name of registrant as specified in its charter)

 

Bermuda

 

1-7560

 

98-0038412

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

22 Victoria Street, Hamilton HM 12, Bermuda

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: 441-295-2244

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 8.01.  Other Events.

 

The Company and its subsidiaries, Sea Containers Services Limited and Sea Containers Caribbean Inc., filed with the U.S. Bankruptcy Court on March 25, 2009, the Post-Confirmation Reports for: (a) November 1 through November 24, 2008 and (b) November 25 through December 31, 2008, which are attached hereto as Exhibits 99.1 and 99.2.

 

Item 9.01   Financial Statements and Exhibits

 

Exhibit No.

 

Description

 

 

 

99.1

 

Post-Confirmation Report for November 1, 2008 - November 24, 2008

 

 

 

99.2

 

Post-Confirmation Report for November 24, 2008 - December 31, 2008

 

2


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

SEA CONTAINERS LTD.

 

 

Date: March 31, 2009

 

 

 

 

BY:

/s/ Lisa Clement

 

 

Lisa Clement

 

 

Chief Financial Officer

 

3

 EX-99.1 2 a09-8950_1ex99d1.htm EX-99.1

Exhibit 99.1

 

OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
POST-CONFIRMATION QUARTERLY SUMMARY REPORT

 

This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.

 

Debtor’s Name: Sea Containers Ltd

Bank: See summary

 

 

Case Number: 06-11156 (KJC)

Account Number: N/A

 

 

Date of Confirmation: November 24, 2008

Account Type: N/A

 

 

Reporting Period: November 1, 2008 to November 24, 2008

 

 

Beginning Cash Balance:

 

 

 

$

24,819,914

 

 

 

 

 

 

 

All receipts received by the debtor:

 

 

 

 

 

 

 

 

 

 

 

Cash Sales:

 

$

0

 

 

 

 

 

 

 

 

 

Interest income:

 

$

7,851

 

 

 

 

 

 

 

 

 

SC Group cash repatriation

 

$

17,633,382

 

 

 

 

 

 

 

 

 

Foreign exchange

 

$

26,212

 

 

 

 

 

 

 

 

 

Inter company banking sweep

 

$

-52,635

 

 

 

 

 

 

 

 

 

Total of cash received:

 

 

 

$

17,614,810

 

 

 

 

 

 

 

Total of cash available:

 

 

 

$

42,434,724

 

 

Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor:

 

Disbursements made under the DIP exit plan, claims of bankruptcy professionals:

 

$

250,000

 

 

 

 

 

 

 

 

 

Disbursements made pursuant to the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

All other disbursements made in the ordinary course:

 

$

2,823,195

 

 

 

 

 

 

 

 

 

Total Disbursements

 

 

 

$

3,073,195

 

 

 

 

 

 

 

Ending Cash Balance

 

 

 

$

39,361,529

 

 

Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief.

 

/s/ Lisa Clement

 

Lisa Clement

Chief Financial Officer

March 20, 2009

 

Debtor: Sea Containers Ltd

 

Case Number: 06-11156 (KJC)

 


 

OFFICE OF THE UNITED STATES TRUSTEE - REGION 3

POST-CONFIRMATION QUARTERLY SUMMARY REPORT

 

This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.

 

Debtor’s Name: Sea Containers Services Ltd

Bank: See summary

 

 

Case Number: 06-11156 (KJC)

Account Number: N/A

 

 

Date of Confirmation: November 24, 2008

Account Type: N/A

 

 

Reporting Period: November 1, 2008 to November 24, 2008

 

 

Beginning Cash Balance:

 

 

 

$

43,732

 

 

 

 

 

 

 

All receipts received by the debtor:

 

 

 

 

 

 

 

 

 

 

 

Collection of accounts receivable:

 

$

59,616

 

 

 

 

 

 

 

 

 

Tax refunds

 

$

570,282

 

 

 

 

 

 

 

 

 

SC Group cash repatriation

 

$

20,368

 

 

 

 

 

 

 

 

 

Foreign exchange

 

$

-3,779

 

 

 

 

 

 

 

 

 

Inter company banking sweep

 

$

52,635

 

 

 

 

 

 

 

 

 

Total of cash received:

 

 

 

$

699,122

 

 

 

 

 

 

 

Total of cash available:

 

 

 

$

742,853

 

 

Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor:

 

Disbursements made under the plan, excluding the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

Disbursements made pursuant to the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

All other disbursements made in the ordinary course:

 

$

757,998

 

 

 

 

 

 

 

 

 

Total Disbursements

 

 

 

$

757,998

 

 

 

 

 

 

 

Ending Cash Balance

 

 

 

$

-15,145

 

 

Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief.

 

/s/ Lisa Clement

 

Lisa Clement

Chief Financial Officer

March 20, 2009

 

Debtor: Sea Containers Services Ltd

 

Case Number: 06-11156 (KJC)

 


 

OFFICE OF THE UNITED STATES TRUSTEE - REGION 3

POST-CONFIRMATION QUARTERLY SUMMARY REPORT

 

This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor:

 

Debtor’s Name: Sea Containers Carribean Inc.

Bank: None

 

 

Case Number: 06-11156 (KJC)

Account Number: N/A

 

 

Date of Confirmation: November 24, 2008

Account Type: N/A

 

Reporting Period: November 1, 2008 to November 24, 2008

 

Beginning Cash Balance:

 

 

 

$

0

 

 

 

 

 

 

 

All receipts received by the debtor:

 

 

 

 

 

 

 

 

 

 

 

Collection of accounts receivable:

 

$

0

 

 

 

 

 

 

 

 

 

Tax refunds

 

$

0

 

 

 

 

 

 

 

 

 

SC Group cash repatriation

 

$

0

 

 

 

 

 

 

 

 

 

Foreign exchange

 

$

0

 

 

 

 

 

 

 

 

 

Inter company banking sweep

 

$

0

 

 

 

 

 

 

 

 

 

Total of cash received:

 

 

 

$

0

 

 

 

 

 

 

 

Total of cash available:

 

 

 

$

0

 

 

Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor:

 

Disbursements made under the plan, excluding the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

Disbursements made pursuant to the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

All other disbursements made in the ordinary course:

 

$

0

 

 

 

 

 

 

 

 

 

Total Disbursements

 

 

 

$

0

 

 

 

 

 

 

 

Ending Cash Balance

 

 

 

$

0

 

 

Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief.

 

/s/ Lisa Clement

 

Lisa Clement

Chief Financial Officer

March 20, 2009

 

Debtor: Sea Containers Carribean Inc.

 

Case Number: 06-11156 (KJC)

 


 

Sea Containers Ltd

Bank Account Listing

 

Bank

 

Account name

 

Account number

 

Type

 

 

 

 

 

 

 

JP Morgan

 

Sea Containers Ltd

 

24451501

 

Current

JP Morgan

 

Sea Containers Ltd

 

4130702

 

Current

JP Morgan

 

Sea Containers Ltd

 

4130704

 

Deposit

Barclays Bank

 

Sea Containers Ltd

 

Insurance Guarantee

 

Deposit

Bank of America

 

Sea Containers Ltd

 

67823015

 

Current

Bank of America

 

Sea Containers Ltd

 

67823023

 

Current

Bank of Bermuda

 

Sea Containers Ltd

 

010340016501

 

Current

Bank of Bermuda

 

Sea Containers Ltd

 

010340016001

 

Current

Societe Generale

 

Sea Containers Ltd

 

21001032

 

Current

TD Bank NA

 

Sea Containers Ltd

 

7860983282

 

Current

TD Bank NA

 

Sea Containers Ltd

 

2760212353

 

Deposit

 

 

 

 

 

 

 

TD Bank NA

 

Sea Containers Services Ltd

 

7863474131

 

Deposit

Bank of America

 

Sea Containers Services Ltd

 

67829013

 

Current

 

 EX-99.2 3 a09-8950_1ex99d2.htm EX-99.2

Exhibit 99.2

 

OFFICE OF THE UNITED STATES TRUSTEE - REGION 3

POST-CONFIRMATION QUARTERLY SUMMARY REPORT

 

This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.

 

Debtor’s Name: Sea Containers Ltd

Bank: See summary

 

 

Case Number: 06-11156 (KJC)

Account Number: N/A

 

 

Date of Confirmation: November  24,2008

Account Type: N/A

 

Reporting Period: November  25, 2008 to December  31, 2008

 

Beginning Cash Balance:

 

 

 

$

39,361,529

 

 

 

 

 

 

 

All receipts received by the debtor:

 

 

 

 

 

 

 

 

 

 

 

Cash Sales:

 

$

0

 

 

 

 

 

 

 

 

 

Interest income:

 

$

37,238

 

 

 

 

 

 

 

 

 

SC Group cash repatriation

 

$

13,299,817

 

 

 

 

 

 

 

 

 

Foreign exchange

 

$

-2,716,881

 

 

 

 

 

 

 

 

 

Inter company banking sweep

 

$

2,077,983

 

 

 

 

 

 

 

 

 

Total of cash received:

 

 

 

$

12,698,157

 

 

 

 

 

 

 

Total of cash available:

 

 

 

$

52,059,686

 

 

Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor:

 

Disbursements made under the plan, excluding the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

Disbursements made pursuant to the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

All other disbursements made in the ordinary course:

 

$

8,596,146

 

 

 

 

 

 

 

 

 

Total Disbursements

 

 

 

$

8,596,146

 

 

 

 

 

 

 

Ending Cash Balance

 

 

 

$

43,463,540

 

 

Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief:

 

/s/ Lisa Clement

 

Lisa Clement                         Chief Financial Officer

March 20, 2009

 

Debtor: Sea Containers Ltd

 

Case Number:  06-11156 (KJC)

 


 

OFFICE OF THE UNITED STATES TRUSTEE - REGION 3

POST-CONFIRMATION QUARTERLY SUMMARY REPORT

 

This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.

 

Debtor’s Name: Sea Containers Services Ltd

Bank: See summary

 

 

Case Number: 06-11156 (KJC)

Account Number: N/A

 

 

Date of Confirmation: November  24, 2008

Account Type: N/A

 

Reporting Period: November  25, 2008 to December  31, 2008

 

Beginning Cash Balance:

 

 

 

$

-15,145

 

 

 

 

 

 

 

All receipts received by the debtor:

 

 

 

 

 

 

 

 

 

 

 

Collection of accounts receivable:

 

$

0

 

 

 

 

 

 

 

 

 

Tax refunds

 

$

0

 

 

 

 

 

 

 

 

 

SC Group cash repatriation

 

$

3,759,189

 

 

 

 

 

 

 

 

 

Foreign exchange

 

$

10,531

 

 

 

 

 

 

 

 

 

Inter company banking sweep

 

$

-2,077,983

 

 

 

 

 

 

 

 

 

Total of cash received:

 

 

 

$

1,691,737

 

 

 

 

 

 

 

Total of cash available:

 

 

 

$

1,676,592

 

 

Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor:

 

Disbursements made under the plan, excluding the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

Disbursements made pursuant to the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

All other disbursements made in the ordinary course:

 

$

1,603,376

 

 

 

 

 

 

 

 

 

Total Disbursements

 

 

 

$

1,603,376

 

 

 

 

 

 

 

Ending Cash Balance

 

 

 

$

73,216

 

 

Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief.

 

/s/ Lisa Clement

 

Lisa Clement                         Chief Financial Officer

March  20, 2009

 

Debtor: Sea Containers Services Ltd

 

Case Number: 06-11156 (KJC)

 


 

OFFICE OF THE UNITED STATES TRUSTEE - REGION 3

POST-CONFIRMATION QUARTERLY SUMMARY REPORT

 

This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.

 

Debtor’s Name: Sea Containers Carribean Inc.

Bank: None

 

 

Case Number: 06-11156 (KJC)

Account Number: N/A

 

 

Date of Confirmation: November  24, 2008

Account Type: N/A

 

Reporting Period: November  25, 2008 to December  31, 2008

 

 

 

 

 

 

 

 

 

 

 

Beginning Cash Balance:

 

 

 

$

0

 

 

 

 

 

 

 

All receipts received by the debtor:

 

 

 

 

 

 

 

 

 

 

 

Collection of accounts receivable:

 

$

0

 

 

 

 

 

 

 

 

 

Tax refunds

 

$

0

 

 

 

 

 

 

 

 

 

SC Group cash repatriation

 

$

0

 

 

 

 

 

 

 

 

 

Foreign exchange

 

$

0

 

 

 

 

 

 

 

 

 

Inter company banking sweep

 

$

0

 

 

 

 

 

 

 

 

 

Total of cash received:

 

 

 

$

0

 

 

 

 

 

 

 

Total of cash available:

 

 

 

$

0

 

 

Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor:

 

Disbursements made under the plan, excluding the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

Disbursements made pursuant to the administrative claims of bankruptcy professionals:

 

$

0

 

 

 

 

 

 

 

 

 

All other disbursements made in the ordinary course:

 

$

0

 

 

 

 

 

 

 

 

 

Total Disbursements

 

 

 

$

0

 

 

 

 

 

 

 

Ending Cash Balance

 

 

 

$

0

 

 

Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief.

 

/s/ Lisa Clement

 

Lisa Clement                         Chief Financial Officer

March  20, 2009

 

Debtor: Sea Containers Carribean Inc.

 

Case Number: 06-11156 (KJC)

 


 

Sea Containers Ltd

Bank Account Listing

 

Bank

 

Account name

 

Account number

 

Type

 

 

 

 

 

 

 

JP Morgan

 

Sea Containers Ltd

 

24451501

 

Current

JP Morgan

 

Sea Containers Ltd

 

4130702

 

Current

JP Morgan

 

Sea Containers Ltd

 

4130704

 

Deposit

Barclays Bank

 

Sea Containers Ltd

 

Insurance Guarantee

 

Deposit

Bank of America

 

Sea Containers Ltd

 

67823015

 

Current

Bank of America

 

Sea Containers Ltd

 

67823023

 

Current

Bank of Bermuda

 

Sea Containers Ltd

 

010340016501

 

Current

Bank of Bermuda

 

Sea Containers Ltd

 

010340016001

 

Current

Societe Generale

 

Sea Containers Ltd

 

21001032

 

Current

TD Bank NA

 

Sea Containers Ltd

 

7860983282

 

Current

TD Bank NA

 

Sea Containers Ltd

 

2760212353

 

Deposit

 

 

 

 

 

 

 

TD Bank NA

 

Sea Containers Services Ltd

 

7863474131

 

Deposit

Bank of America

 

Sea Containers Services Ltd

 

67829013

 

Current

 

 -----END PRIVACY-ENHANCED MESSAGE-----