Offshore Driller Seeks Ch. 15 Amid Brazilian Restructuring
By Rick Archer ( December 7, 2018, 8:16 PM EST) -- Brazilian offshore oil driller Servicos de Petroleo Constellation Friday asked a New York bankruptcy court to recognize the reorganization proceedings it said it has launched in Brazil to reduce its $1.5 billion in debt in the face of a sustained business downturn....
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