Swiber Bankruptcy : What Can Investors Look To Recover
Last updated: 29 July 2016 Swiber filed for bankruptcy. Now what, for shareholders, and even bondholders? Are you going to get anything back? There is a hierarchy of claims. It can be simplified to this: Secured Debt Holders (assets are collaterized for the loans) Unsecured Debt Holders (IOU without any assets collaterized) Shareholders In such bankruptcy … Read more