KrisEnergy Ltd.: Winding Up Petition
Winding Up Petition in the matter of KrisEnergy Ltd., described as "an upstream oil and gas company whose principal business activity is acting as the holding company of an international group of companies with operating subsidiaries variously incorporated in Singapore, the Cayman Islands, Thailand, Jersey, the Netherlands, the British Virgin Islands, Cambodia and Bermuda" whose estimated net insolvency is more than $500 million, at the Grand Court of the Cayman Islands.