Bondholders of Eike Batista’s shipbuilder OSX Brasil SA hired AlixPartners LLP to advise on the possible restructuring of $500 million in bonds, Bloomberg News reported yesterday. AlixPartners, which advised General Motors Co. on its restructuring when the automotive giant filed for chapter 11 protection in 2009, will advise a group representing holders of OSX’s dollar-denominated notes due 2015. The New York-based financial consulting firm will work with Bingham McCutchen LLP, the law firm advising OSX creditors.
