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Offshore firm Conyers Dill & Pearman is seeking Chapter 15 recognition of a Cayman Islands scheme in New York to save a Marshall Islands drillship from foreclosure in its British dockyard, after its contract fell victim to the “Car Wash” investigation into Brazilian oil major Petrobras.
01 October 2018
Skadden Arps Slate Meagher & Flom, Morgan Lewis & Bockius and Watson Farley & Williams have guided container company Danaos through an out-of-court refinancing of its US$2.2 billion debt.
17 August 2018
The provisional liquidators of oil rig operator Ocean Rig have applied to establish a court-to-court protocol to administer its insolvency proceedings in the Cayman Islands alongside a disputed Chapter 15 case in New York.
18 May 2017
The provisional liquidators of a Cayman-based oil rig operator have filed a cluster of Chapter 15 petitions in New York to protect four of its companies while they engage in a US$3.7 billion restructuring.
28 March 2017
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