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Superior Energy Services (“Superior” or the “Company”) announced today that the Company has successfully completed its financial restructuring and emerged from Chapter 11, implementing the Plan of Reorganization that was confirmed by the U.S. Bankruptcy Court...
Superior Energy Services (OTCQX: SPNX) (“Superior” or the “Company”) announced today that the U.S. Bankruptcy Court for the Southern District of Texas confirmed its Plan of Reorganization, whereby the Company’s $1.3 billion in debt would be converted i...
Furthers Financial Recapitalization Process to Convert Company’s $1.3 billion Funded Debt into Equity Files “Pre-Packaged” Chapter 11 to Implement Amended and Restated Restructuring Support Agreement with Holders of approximately 85% of Company’s Senior...