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Published on 3/1/2018 in the Prospect News Distressed Debt Daily.

Odebrecht Oleo e Gas Chapter 15 bankruptcy cases ruled closed by court

By Caroline Salls

Pittsburgh, March 1 – Odebrecht Oleo e Gas SA’s Chapter 15 bankruptcy cases were closed Wednesday by the U.S. Bankruptcy Court for the Southern District of New York.

The order said the company’s Chapter 15 effective date occurred on Dec. 21 and the securities exchange date on Dec. 22.

No objections were filed to the case closure.

Rio de Janeiro-based Odebrecht renders services related to the charter and operation of drilling rigs, floating production storage and offloading units and pipe-laying support vessels, as well as maintenance activities in the oil and gas industry. The company filed bankruptcy on Nov. 3 under Chapter 15 case number 17-13130.


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