Page 24 - Stuart Jackson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Seadrill Limited announces that its Plan of Reorganization (the “Plan”) has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Earlier this month, the Plan received overwhelming support from the Company’s stakeholders. Following the Court’s approval of the Plan, Seadrill is targeting an exit of Chapter 11 proceedings in approximately 60 ...

HAMILTON, Bermuda, Oct. 26, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE:SDRL, OTCPK:SDRLF) announces that its Plan of Reorganization (the "Plan") has been confirmed

/PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE:SDRL, OTCPK:SDRLF) announces that its Plan of Reorganization (the "Plan") has been...

/PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE:SDRL, OTCPK:SDRLF) announces that its Plan of Reorganization (the "Plan") has been...

Seadrill has announced that its Plan of Reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. The Plan raises $350 million in new financing and reduces the Company’s existing liabilities by $4.9 billion, while leaving employee, customer, and trade claims unaffected.