December 7, 2022

Court permits strategic transfer of Center of Main Interests (COMI) in Chapter 15 Case

Pin It

By Hogan Lovells From JD Supra The bankruptcy court in In re Ocean Rig UDW Inc., 17-10736 (Bankr. S.D.N.Y. Aug. 24, 2017) determined that a decision by an offshore drilling company from the Republic of the Marshall Islands (RMI) to shift its Center of Main Interest (COMI) to the Cayman Islands prior to defaulting on […]