Altera Infrastructure emerges from Chapter 11 with a …
WEBJan 9, 2023 · ALTERA INFRASTRUCTURE SERVICES PTE. LTD. Restructuring was successfully implemented through a pre-arranged Chapter 11 process in U.S. Bankruptcy Court. Restructuring significantly deleveraged...
Altera Infrastructure Project Services LLC, et al. - Stretto
WEBOn August 12, 2022 (the "Petition Date"), Altera Infrastructure L.P. and thirty-seven affiliated debtors (together, the "Debtors") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code.
Altera Infrastructure executes Restructuring Support Agreement …
WEBAug 15, 2022 · Restructuring will be implemented through a pre-arranged Chapter 11 process in U.S. Bankruptcy Court. Restructuring will significantly deleverage Altera’s balance sheet and facilitate a long...
Altera Emerges from Bankruptcy with Long-Term FPSO Charter
WEBJan 9, 2023 · Altera Infrastructure emerged from Chapter 11 bankruptcy with a dramatically reshaped balance sheet and a new focus on growth including a major FPSO deal to drive the company’s future earnings.
Altera Infrastructure files for Chapter 11 - Financier Worldwide
WEBAug 16, 2022 · In a move designed to deleverage its balance sheet and position it for long term growth and success, global energy infrastructure services group Altera Infrastructure has filed for Chapter 11 bankruptcy so that it may implement a restructuring support agreement (RSA).
Cross-border team advises secured lenders in successful Altera Chapter ...
WEBAltera commenced Chapter 11 proceedings on August 12, 2022 in the US Bankruptcy Court for the Southern District of Texas, and the U.S. Bankruptcy Court confirmed Altera’s pre-arranged plan of re-organisation on November 4, 2022.
Brookfield’s Altera Infrastructure Files for Bankruptcy in Texas
WEBAug 13, 2022 · Altera Infrastructure LP, an offshore energy services provider owned by affiliates of Brookfield Asset Management, filed for Chapter 11 bankruptcy protection in Houston. The company, which listed both assets and liabilities of between $1 billion and $10 billion, had skipped an interest payment last month after months of financial strain.
Altera Infrastructure L P : emerges from Chapter 11 with a …
WEBJan 9, 2023 · Altera Infrastructure emerges from Chapter 11 with a strengthened balance sheet and foundation for long-term growth. Restructuring was successfully implemented through a pre-arranged Chapter 11 process in U.S. Bankruptcy Court.
WFW advises Altera on successful Chapter 11 restructuring
WEBJan 12, 2023 · Watson Farley & Williams (“WFW”) has advised Altera Infrastructure (“Altera”) on aspects of its successful Chapter 11 restructuring process in the United States, from which it has emerged with a strengthened balance sheet and …
Altera Infrastructure enters Chapter 11 to tackle its debt
WEBAug 15, 2022 · UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion. Formerly a part of Teekay, Altera Infrastructure is based in Westhill, Scotland and it is a supplier of infrastructure assets to the offshore energy industry.
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