Fourth Amended Joint Reorganization Plan Filed by Seadrill Partners LLC
May 12, 2021 at 09:30 am IST
Seadrill Partners LLC, along with its affiliates, filed a fourth amended joint plan of reorganization in the US Bankruptcy Court on May 12, 2021. As per the plan filed, holders of general unsecured claims will receive pro rata share of $2.25 million. There is no change in treatment of any other claim class. Seadrill Partners LLC, along with its affiliates, filed a modified fourth amended joint plan of reorganization in the US Bankruptcy Court on May 14, 2021. As per the plan filed, there is no change in treatment of any claim class.