Seadrill Warns That Chapter 11 is Likely

Seadrill Warns That Chapter 11 is Likely
In a notice to investors Wednesday, John Fredriksen-controlled Seadrill announced that it has reached an agreement to extend its restructuring negotiations until mid-September. The new deal with the offshore drilling firm’s lenders will give it an additional month to discuss how to ... read more
Source: Maritime ExecutivePublished on 2017-07-26