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GTT Files for Chapter 11 to Implement Prepackaged Plan - News

GTT Communications, a leading global cloud networking provider to multinational clients, announced that the Company and certain of its direct and indirect subsidiaries have commenced prepackaged chapter 11 cases in the United States Bankruptcy Court for the Southern District of New York to effectuate a deleveraging of GTT’s capital structure. GTT’s.

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Sundance Energy Successfully Deleverages Balance Sheet, Emerges from Chapter 11 Process Focused on Core Development Strategy

Emerges from Chapter 11 Process Having Eliminated Over $250 Million of Funded Debt Obligations Company Now a Private Entity Under New Ownership and Guided by a New Board of Directors DENVER, April 23, 2021 (GLOBE NEWSWIRE) Sundance Energy Inc. and its affiliates (“Sundance” or the “Company”), an onshore independent oil and natural gas company focused on the development of large, repeatable resource plays in North America, today announced that it has successfully completed its financial restructuring and implemented its prepackaged plan of reorganization (the “Prepackaged Plan”), which was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on April 19, 2021. Sundance has emerged from Chapter 11 protection in a strengthened financial position having eliminated over $250 million of funded debt obligations. Unsecured trade creditors will be paid in full in accordance with the Prepackaged Plan.

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HighPoint Resources Announces Prepackaged Plan Confirmed By Court

HighPoint Resources Announces Prepackaged Plan Confirmed By Court
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