On Tuesday Bloomberg reported that B Endeavour Shipping Company of the UK plans to file a Chapter 15 petition in New York’s Southern District prior to the close.
While the debtor is pursuing a restructuring in the UK today’s submission represents a broader effort to protect the owner’s assets, and those of its affiliates, from creditors at home and abroad.
Tangled web
According to today’s petition B Endeavour is the registered owner of the 63,600-dwt Ice
