Bermudian energy group enters provisional liquidation, blames Hin Leong
Hong Kong-listed oil and gas group NewOcean Energy has appointed soft touch provisional liquidators in Bermuda to help restructure its debts, blaming Singaporean oil trader Hin Leong for causing a “ripple-effect” on the industry when it entered judicial management last year.
To read more
Subscribe to Global Restructuring Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.