DryDocks World, the shipbuilding division of Dubai World, has said it is committed to complete the financial restructuring of the company in shortest possible time.
In a statement to Khaleej Times, the Dubai-based firm regrets that one of its creditors has decided to take a legal action against the company for un-clear reasons.
The New York-based investment firm Monarch Alternative Capital LP on October 6 filed a claim of about $45.5 million in London High Court against Drydocks World LLC.
No comments:
Post a Comment