The Eastern Caribbean Supreme Court in the High Court of Justice British Virgin Islands has placed Sea Trucks Group Limited in provisional liquidation, appointing Chad Griffin of FTI Consulting LLP and Ian Morton of FTI Consulting (BVI) Limited as joint provisional liquidators.
In a statement, the provisional liquidators said: it is important to note that the appointment is only to the company, being the group holding company. The underlying operating/asset owning companies are not subject to insolvency proceedings. Collectively the company and the subsidiaries are referred to as the group. The provisional liquidation of the company…
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