DEMAR Seeks Ch. 15 Protection Amid Pemex Financial Woes

By Emily Lever ( May 7, 2026, 5:37 PM EDT) -- Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis....

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