July 5, 2021
Intelsat, currently managing its way as a Debtor in Possession of its Chapter 11 bankruptcy restructuring process, has asked its court to confirm its June 23rd appointment of a restructuring advisor.
Intelsat requested the bankruptcy courts permission on July 2nd to retain Portage Point Advisors LLC to render independent financial advisory services at the sole direction of the Special Committee of Intelsat dis-interested directors.
Intelsats application states: Portage Point is a business advisory and expert services firm whose professionals have significant experience in providing bankruptcy crisis management and consulting, and special financial advisory services. Portage Points professionals have provided strategic…
Read the full article at: https://advanced-television.com/2021/07/05/intelsat-appoints-restructuring-advisors/