Cayman Islands:
Ocean Rig, cross-border restructuring and Cayman Islands schemes
27 December 2017
Maples Group
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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.
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