PPRuNe Forums - View Single Post - Bristow files for Chapter 11 Bankruptcy
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Old 12th May 2019, 14:57
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crunchingnumbers
 
Join Date: Mar 2006
Location: USA ex-pat
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It will be interesting to see the common shareholders response to the fact that Bristow neatly carved out performing assets (Trinidad, UK etc etc), even though some of these operations were undoubtedly established with the help of US shareholder equity.

Wiping out those shareholders like GVIC and others with long term positions to satisfy secured creditors and bond holders, whilst trying to attract new investment under the guise of 'new' shares will not likely happen quietly. I'd be waiting for my class action paperwork in the post .

Last edited by crunchingnumbers; 12th May 2019 at 15:17.
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