Jack Noonan of BLT Chembulk says the court willcontinue to honour Berlian Laju Tanker’s (BLT’s) Chapter 15 status through 12March 2013 following a stamp of approval that secured late last week.
As we reported Singapore’s High Court recentlysigned off on the extension of the ailing owner’s Section 210 filing after theCentral Court of Jakarta pushed back its PKPU proceedings to 2 January whencertain creditors are due to weigh in on a restructuring proposal.
