Restructuring Plan of Talent Management leader Confirmed by Court

Fintec Buzz11 Aug, 2020Business

Skillsoft Corporation (“Skillsoft” or the “Company”), a global leader in learning and talent management solutions, today announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed the Company’s Plan of Reorganization. The Company expects to successfully complete its financial restructuring process and emerge from Chapter 11 in the coming weeks with a right-sized capital structure, stronger balance sheet and significant additional liquidity.