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English High Court approves Bibby Offshore scheme with recognition hearing looming

By Benjamin Clarke

12 January 2018

English High Court approves Bibby Offshore scheme with recognition hearing looming Unsplash.com/bendavisual

Less than a month since it made a Chapter 15 application in the US, a subsidiary of Liverpool-registered oil and gas services provider Bibby Offshore has had its scheme of arrangement sanctioned by a UK court, after receiving “overwhelming support” from scheme creditors.