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Ocean Rig, cross-border restructuring and Cayman Islands schemes

22 December 2017

Ocean Rig, cross-border restructuring and Cayman Islands schemes

In this article Caroline Moran and Nick Herrod, who acted for the successful scheme of companies, discuss the Ocean Rig restructuring of US$3.7 billion in New York law governed debt, the largest ever Cayman Islands restructuring. 

This article first appeared in the December 2017 Corporate Rescue and Insolvency Journal.


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