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OFS - Hornbeck Offshore receives court approval of bankruptcy plan - July 2020

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Hornbeck Offshore Services received the approval of the US District Court for the Southern District of Texas for its pre-packaged Chapter 11 bankruptcy plan. The company’s plan still needs various governmental approvals, which it expects to occur within the coming few months. The confirmed plan achieved the support of 100% of voting first-lien claims, 99.9% of voting second-lien claims and 99.8% of voting unsecured notes claims. The Covington, Louisiana-based company, which owns and operates......
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