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Expert Analysis

Transocean Ruling Provides Strategic Restructuring Road Map

By Richard Cooper, Jane VanLare and John Veraja ( January 25, 2021, 5:51 PM EST) -- On Dec. 17, 2020, the U.S. District Court for the Southern District of New York granted the summary judgment motion filed by Transocean Ltd. and Transocean Inc. and entered a declaratory judgment in favor of Transocean with regard to securities claims brought by Whitebox Relative Value Partners LP and certain of its affiliates involving Transocean's August 2020 internal reorganization and exchange transactions.[1]...

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