Yet another Chapter 11 is part of Seadrill's considerations

Seadrill includes a Chapter 11 filing as one of the options the drilling company can use to get through the current restructuring, according to comments to Wall Street Journal.


Distressed drilling company Seadrill includes a Chapter 11 as one of the options available to get through the crisis in which the company currently finds itself, a spokesman tells Wall Street Journal after a teleconference held by the company.

"We are considering all options at this stage, of which chapter 11 is one," he says. A Chapter 11 would give the company some peace and time for a restructuring.

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