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Published on 2/28/2014 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

OSX Brasil plan deadline to be set after administrator appointment

By Caroline Salls

Pittsburgh, Feb. 28 - OSX Brasil SA's deadline for submitting its judicial recovery plan will be set only after appointment of a new judicial administrator and after the redistribution of its judicial recovery proceedings to one of the corporate courts of the Judicial District of the State of Rio de Janeiro, according to a news release.

As a result, the company said it will also wait for appointment of the judicial administrator to disclose a creditors' list.

OSX Brasil is a Rio de Janeiro-based oil and gas holding company.


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