Seadrill Ltd (OTCMKTS: SDRLF) Second Bankruptcy

July 7, 2021

Seadrill Ltd (OTCMKTS: SDRLF) has issued several warnings to drilling contractors that it may indicate trouble if they proceed with bankruptcy. One group advises the company to sell, while the other is pushing for a corporate reorganization. Filing for Second Bankruptcy: As per the management, two groups requested Seadrill Ltd to extend or push back its filing period by four months to file a Chapter 11. Seadrill Ltd is being…

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