Holders of billions of dollars of bonds from OGX are being urged by lawyers to quickly engage with the troubled Brazilian oil and gas company, which could be headed toward the biggest corporate debt restructuring in Latin America ever.
As tycoon Eike Batista's vast business empire crumbles, top law firms with long experience in Latin American restructuring are trying to organise bondholders and rescue some value for them if, as many fear, OGX should default.
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