Houston Business News - Local Houston News | Houston Business Journal: McDermott bankruptcy comes after fight between bondholders and lenders
The company’s bondholders wanted equity in the reorganized company, and they were willing to fight to get it.
Source: http://feeds.bizjournals.com/~r/bizj_houston/~3/D8506qW2mzY/mcdermott-bondholders-lenders-bankruptcy-backstory.html Author: Joshua Mann at Houston Business News - Local Houston News | Houston Business Journal