Ocean Rig UDW Inc. announces decision by Highland Capital Management LP not to pursue objections to recognition of Cayman Proceedings by U.S. Bankruptcy Court
Highland has advised that it will not object to the Company’s request for recognition of the Cayman Proceedings by the U.S. Bankruptcy Court; Highland has notified the Company and the U.S. Bankruptcy Court of its immediate cessation of all discovery…
Ocean Rig UDW Inc. Announces Date of Convening Hearings for Scheme Companies and Extension of DRH Early Consent Deadline
Convening hearings in relation to the proposed schemes of arrangement for Ocean Rig UDW Inc. (“UDW”), Drillships Financing Holding Inc. (“DFH”), Drillships Ocean Ventures Inc. (“DOV”) and Drill Rigs Holdings Inc. (“DRH”) (the “Scheme Companies”) to begin on July 11,…
