BOSTON, July 10 (Korea Bizwire) – Emergence from Chapter 11 At a hearing on June 30, 2020, the U.S. Bankruptcy Court for the Southern District of New York confirmed the joint Plan of Reorganization (the “Plan”) of Seabras 1 USA, LLC and Seabras 1 Bermuda Ltd. (the “Companies”). On July 07, 2020, the Companies [...]
BOSTON, July 10 (Korea Bizwire) — Following the successful emergence from Chapter 11 of Seabras-1 entities, leading subsea cable systems operator Seaborn, today announced the appointments of board members Pete Hayes and Don Shassian, as Interim CEO and Interim CFO, respectively. “We are excited about the future and sincerely thank all of our employees, customers, providers and [...]
BOSTON, July 8 (Korea Bizwire) — Following its successful emergence from Chapter 11, leading subsea cable systems operator Seaborn, today announced the appointments of board members Pete Hayes and Don Shassian, as Interim CEO and Interim CFO, respectively. “We are excited about the future and sincerely thank all of our employees, customers, providers and other [...]
BOSTON, July 8 (Korea Bizwire) – Emergence from Chapter 11 At a hearing on June 30, 2020, the U.S. Bankruptcy Court for the Southern District of New York confirmed the joint Plan of Reorganization (the “Plan”) of Seabras 1 USA, LLC and Seabras 1 Bermuda Ltd. (the “Companies”). On that same day, the Companies consummated [...]
PLANO, Texas, Nov. 12 (Korea Bizwire) — Nuvectra Corporation (NASDAQ: NVTR) (“Nuvectra” or the “Company”), a neurostimulation medical device company, today announced that it has elected to file a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern District of Texas (the “Court”). [...]
SOUTHFIELD, Mich., Oct. 3 (Korea Bizwire) — GST AutoLeather, Inc. (“GST” or the “Company”) announced today that it has filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company has obtained a commitment from its senior secured [...]