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Prospect News home > News index > List of issuers S > Headlines for Satmex (Satelites Mexicanos, SA de CV) > News item
Published on 5/12/2011 in the Prospect News Distressed Debt Daily.

Satmex expects pre-packaged Chapter 11 plan to take effect on May 26

By Caroline Salls

Pittsburgh, May 12 - Satelites Mexicanos, SA de CV (Satmex) expects its pre-packaged plan of reorganization to take effect on May 26, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the plan was confirmed on Wednesday.

Satmex is a Juarez, Mexico-based satellite coverage provider that filed for bankruptcy on April 6. The Chapter 11 case number is 11-11035.


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