Seadrill Expects Chapter 11 Filing by Mid-September

Seadrill Expects Chapter 11 Filing by Mid-September
John Fredriksen-controlled Seadrill said Thursday that it plans to move forward with a Chapter 11 filing "on or before September 12.” The announcement confirms its earlier warnings of an impending bankruptcy filing.  The firm also announced a 34 percent decline in revenue for ... read more
Source: Maritime ExecutivePublished on 2017-08-26