Ocean Rig bondholders object to “manufactured” Cayman COMI in Chapter 15 case

Bondholders of Cayman submersible oil rig operator Ocean Rig have filed a forceful objection to the Chapter 15 recognition of its Cayman Islands insolvency proceedings in New York, accusing the company’s directors of “fleeing from the scene of crime” by reregistering the company last year.

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