European Shipowners to Seek U.S. Court Protection, Law Firm Says – Businessweek

January 26, 2012 Posted By: Leave a comment
Jan. 26 (Bloomberg) -- European shipowners will increasingly seek bankruptcy protection in the U.S. in 2012 as they attempt to retain control of their fleets while negotiating with lenders, said law firm Cadwalader, Wickersham & Taft LLP.
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