Defense fund created to support North Dakota Rep Luke Simons against sexual harassment claims
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Defense fund created to support North Dakota Rep Luke Simons against sexual harassment claims
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Defense fund created to support North Dakota Rep Luke Simons against sexual harassment claims
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News Wire Feed Light Reading 1/25/2021
SYDNEY Speedcast International Limited (together with its subsidiaries, Speedcast or the Company ) today announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited and certain of its affiliates Plan of Reorganization (the Plan ). The confirmation definitively clears the path for the Company to successfully complete the Chapter 11 process after receiving final regulatory approvals and satisfying customary closing conditions, which is expected by the end of the first quarter of 2021. The Company is poised to emerge with a significantly strengthened balance sheet and the support of Centerbridge Partners, L.P. and its affiliates as its new owner.