SpeedCast International Limited and SpeedCast Communications, Inc.

IN THE UNITED STATES BANKRUPTCY COURT December 21, 2021 FOR THE SOUTHERN DISTRICT OF TEXAS Nathan Ochsner, Clerk HOUSTON DIVISION IN RE: § § CASE NO: 20-32243 SPEEDCAST INTERNATIONAL § LIMITED, et al., § Debtors. § Jointly Administered § CHAPTER 11 MEMORANDUM OPINION SpeedCast and Inmarsat entered a series of contracts during their long business relationship. The last of those contracts terminated all claims Inmarsat may have against SpeedCast except for any “Permitted Claims.” Inmarsat argues SpeedCast owes a “Shortfall Amount” under one of their contracts as a Permitted Claim. For the…