A group of Today Makes Tomorrow (TMT) subsidiaries being liquidated in Houston have struck a deal with creditors and Vantage Drilling's liqudiators that could liberate nearly $14m in frozen funds.
The settlement covers proceeds from sales of TMT chairman Nobu Su's Vantage shares. The cash had been frozen amid the drilling company's legal battle with the Taiwanese shipowner, but now most of it is poised to pay expenses and creditors.
The
