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."
Scott Cammarn, Mark Chorazak, Jonathan Watkins,Chris Gavin, Joseph Beach, Peter Morreale
Richard Brand, Stephen Fraidin, Jonathan Watkins, James Fee
Michele Maman, Thomas Curtin, Anthony De Leo, Donny Ariel
Jeffrey Rotblat will discuss "Accumulation/Aggregation/Alternative Exit Strategies" at this event.