Oil Price Wars Drive Speedcast To Ch. 11 With $690M Debt

By Katie Buehler (April 23, 2020, 4:26 PM EDT) -- Australian communications satellite company Speedcast International Ltd. filed for Chapter 11 protection in a Texas federal court on Thursday with about $689.1 million in debt, saying the oil price wars at the beginning of the year combined with the coronavirus pandemic created an "outsized impact" on the company....

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