Swiber judicial managers win clarity on third-party secured debt
Credit: istock.com/canaran
A Singapore court has ruled that creditors with debt secured against third party assets can vote in judicial management meetings with the full value of their claims and not only the unsecured portion, following an application from KPMG partners – the judicial managers of two companies in global oil and gas group Swiber.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now