The US Bankruptcy Court approved the third amended joint plan of reorganization and disclosure statement of Speedcast International Limited on January 22, 2021. The debtor has filed its third amended plan in the Court on January 20, 2021. As per the amended plan, administrative expense claims, fee claims, priority tax claims, DIP claims of $180 million and other priority tax claims will be paid full in cash. Other secured claims will be paid in cash or reinstated. Syndicated Facility Secured Claims of $150 million will be fully recovered and paid through pro rata share of the SFA Secured Claim cash pool in cash. Unsecured trade claims are in the range of $67 million-$93 million with recovery range of 27%-37% and will be paid through pro rata share of the Trade Claim cash amount in cash. Other unsecured claims are in the range of $507 million-$516 million with estimated percentage >=0 and will be paid through pro rata share of the Litigation Trust distributable proceeds from the Litigation Trust. Intercompany claims will be reinstated and subordinated claims will receive no distribution. Intercompany interests will either remain unaffected by the plan or continue in place or be cancelled while Parent interests will be cancelled. The plan will be funded through cash in hand and proceeds of plan sponsor funding.