ConvergeOne Defeats 'Law Review Article' Objection To Reorg

By Alex Wittenberg · May 23, 2024, 8:54 PM EDT

Information technology company ConvergeOne won a Texas bankruptcy judge's blessing Thursday to cut more than $1 billion of debt under a reorganization deal that a group of senior lenders said would...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Information technology company ConvergeOne Holdings Inc. filed for Chapter 11 protection in Texas on Thursday with a prepackaged plan to erase $1.6 billion of secured debt from its balance sheet.

Case Number

4:24-bk-90194

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1,000,000,001-$10 billion

View Full Scorecard

Related Sections

Case Information

Case Title

ConvergeOne Holdings, Inc.

Case Number

4:24-bk-90194

Court

Texas Southern

Nature of Suit

Date Filed

April 04, 2024

Recent Articles By Alex