Jan 26, 2012
Gregory M. Petrick opined that "[w]e expect to see increasing moves to Chapter 11 filings for European-based shipping companies... It gives the owner breathing room to ride out the cycle... Owners are in love with their ships and they give up control very reluctantly, but if you face the cold facts of the market, you can achieve an out-of-court settlement... It's a much better resolution than filing in court."
Dorothy Auth, Howard Wizenfeld
Joshua Apfelroth, Richard Brand, William Mills, Christopher Porcelli, Victoria Saunders
Jean Bertrand, Mark Howe, Jason Schwartz, Gary Silverstein, Linda Swartz, David Teigman, Edward Wei
Jodi Avergun is speaking at this ACI event on January 30 in Washington, DC.