Bankruptcy lawyers across the US areracing to get in on the action and some have already lined up conference callswith prospective clients where they will be asked to weigh in on a securities filingin which New York-listed OSG warned that bankruptcy may be on the horizon.
Some claim Bracewell & Giuliani is one of leadingcandidates vying to represent a group of unsecured noteholders whose collectiveclaim would be worth around $510m but the reports could not be immediatelyverified at the time of writing.
Observers
