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Is Crystal Cruise line in serious trouble?
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Jan 21, 2022 | 3:26 pm
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Happy
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Originally Posted by
YVR Cockroach
Crystal does business out of Miami which would actually make it eligible.
Use of US Chapter 11 Filings by Non?US Corporations: Realistic Option or Non?Starter?
Who knows how Genting HK's parent intends to unwind the cruise-holding subsidiary. I'd be interested to know (if someone could summarise it) who holds the debt.
It cannot do it if the parent company is liquidating its assets. Right now it looks like Genting Hong Kong is selling off whatever it can still sell to raise cash for paying the debts already in delinquency.
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