The US Bankruptcy Court approved the modified fourth amended plan of reorganization and disclosure statement of Seadrill Partners LLC on May 14, 2021. The debtor has filed its modified fourth amended plan in the Court on May 14, 2021. As per the amended plan, administrative claims, professional fee claims, priority tax claims, other priority claims of $0 and other secured claims of $6.40 million will be paid full in cash. Super senior term loan claims of $151 million through pro rata share of 31.8% of new common stock. TLB secured claims are $2637 million and will be recovered 12.3% and will be paid through pro rata share of 68.,2% of new common stock. General unsecured claims are in the range of $82.2 million-$2405.2 million and will be paid through pro rata share of $2.25 million. Intercompany claims and intercompany interests will either be reinstated or cancelled. Interests in SDLP and interests in SDLP OpCo parties other than Intercompany interests will be cancelled with no distribution. Section 510(b) claims will be cancelled with no distribution. The plan will be funded through cash in hand and issuance of new common stock.