Linklaters, SNR Denton Join Petroplus Bankruptcy

Law360, New York (January 27, 2012, 3:14 PM EST) -- Linklaters LLP and SNR Denton have been brought on board by PricewaterhouseCoopers LLP to assist with Swiss oil refiner Petroplus Holdings AG's bankruptcy, the firms said Friday.

Petroplus, the largest independent oil refiner in Europe, said Tuesday that it was preparing to file for insolvency and shut down some operations after learning Monday that it would not receive an extension of its line of credit.

Linklaters is advising the lenders on the restructuring, the firm said. Its team is being led by partners Chris Howard, a...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.