Sea Launch Exits Chapter 11
By Michael A. Taverna
PARIS — Sea Launch has successfully completed a 16-month Chapter 11 reorganization that will allow it to resume operations early next year free of debt.
The reorganization, approved by the U.S. Bankruptcy Court in Wilmington, Del., followed approval of the company’s acquisition by Energia Overseas Ltd. (EOL), a unit of Russian space contractor Energia, by the U.S. Committee ...
