All Seaborn and Seabras Entities Consolidated Under Partners Group Ownership
Interim CEO and CFO Appointed
BOSTON, July 13 (Bernama) —
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 consummated their financial restructuring process and emerged from Chapter 11.