umraniye escort pendik escort
maderba.com
implant
olabahis
canli poker siteleri meritslot oleybet giris adresi betgaranti
escort antalya
istanbul escort
sirinevler escort
antalya eskort bayan
brazzers
sikis
Experience

Stibbe advises DeepOcean Group on its restructuring

Stibbe advises DeepOcean Group on its restructuring

Stibbe advises DeepOcean Group on its restructuring

20.01.2021 NL law

Stibbe is advising the DeepOcean group on its restructuring. The case involves the first use of the new “cross-class cram-down” mechanism under Part 26A of the UK Companies Act 2006.

DeepOcean is a leading, subsea services provider to the offshore industry, principally focused on the oil and gas and offshore renewable sectors. The restructuring plans of three English-incorporated entities within the group were sanctioned by the English court on 13 January 2021. The plans included a variation of rights of certain creditors under parent company guarantees issued by the group’s Dutch holding company.

In this transaction Stibbe worked closely together with Kirkland & Ellis (London) and Thommessen (Oslo).

Click here for the press release of Kirkland & Ellis for further information.

Team

Related experience