November 17, 2014
HSH Nordbank AG and Citibank International Ltd. urged a New York bankruptcy judge Friday to reject Nautilus Holdings Ltd.'s disclosure statement, contending the document must fail because the shipper's underlying Chapter 11 plan is unworkable.
October 31, 2014
Hedge fund York Capital Management on Friday objected to letting a bankrupt shipper probe its buildup of an operating unit's debt, denouncing the shipper's claims that York may have taken the position in order to sabotage the container shipping venture's restructuring efforts.
October 29, 2014
Bankrupt Nautilus Holdings Ltd. launched an investigation Wednesday into whether York Capital Management Global Advisors LLC had built up a blocking position in the debt of an operating unit in order to sabotage the container shipping venture's restructuring efforts.