Skadden is representing Shelf Drilling International Holdings, Ltd. in its agreement, announced on September 10, to purchase 38 shallow water drilling rigs from Transocean Ltd. for approximately $1.05 billion. Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates