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A court in Bermuda has sanctioned a scheme of arrangement for global oil explorer Archer, the first Bermudan scheme used to amend the terms of Norwegian law-governed debt.
21 June 2017
Norway-based oil driller Archer has sought Chapter 15 recognition in Texas of scheme proceedings pending before a Bermudan court.
23 May 2017
A Norwegian shipping company has entered liquidation after a group of Japanese creditors vetoed its restructuring plan and tried to reverse the sale of its subsidiary for an allegedly reduced price.
07 March 2016
A trial is under way in a US court to decide whether aircraft manufacturer Boeing can seek compensation from US subsidiaries of Russia’s state space vehicle company as its “alter-egos”, in a US$350 million dispute over the bankruptcy of a failed satellite joint venture.
16 December 2015
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