The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services.
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.
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.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
