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DryDocks seeks aid from tribunal on $2.2bn debt restructuring

DryDocks seeks aid from tribunal on $2.2bn debt restructuring

DryDocks World, the owner of the Middle East’s biggest shipyard, has filed a claim with a special tribunal in an effort to move forward its $2.2bn debt restructuring through a government decree. The company filed a notification under Decree 57 with the Dubai World Tribunal, which will protect it from any claims coming from creditors. […]