Berlian Laju Shipping Units Seek Ch. 15 Lifelines
The filings by Chembulk New York Pte. Ltd. and 12 other Berlian Laju subsidiaries aim to gain U.S. recognition of the company's foreign restructuring. In their petitions, several units listed assets and liabilities of between $50 million and $100 million each.
The move comes a day after the major Asian...
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