SpeedCast International Limited – Further to Black Diamond Settlement (Centerbridge Partners Buying $400mn of Black Diamond Syndicated Facility Claims for $72mn), Remote Communications and IT Services Provider Emerges from Bankruptcy Owned by Centerbridge
March 11, 2021 – The Debtors notified the Court that their Third Amended Plan became effective as of March 11, 2021 [Docket No. 1498]. The Court had previously confirmed the Debtors’ Plan on January 22, 2021 [Docket No. 1397]. On April 23, 2020, SpeedCast International Limited and 32 affiliated Debtors (formerly listed on Australia’s ASX,…