- The Houston-based engineering firm’s pre-packaged plan is supported by holders of the majority of its term loan claims, senior notes and letter of credit claims, Chief Transformation Officer
John R. Castellano says in a court declaration - Restructuring deal calls for auction of Lummus Technology unit within 45 days and a court approval of its bankruptcy plan within 60 days
- General unsecured claims -- like vendors who are owed money -- would be repaid in full ...
McDermott’s Fast-Tracked Bankruptcy Would Hand Keys to Lenders
Jan. 22, 2020, 1:42 PM