Speedcast exits bankruptcy with new funding, CEO
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 expe...
Source: lightreading.com