Fiber Internet Co. Everstream Cleared For $385M Ch. 11 Sale

By Clara Geoghegan · August 1, 2025, 3:28 PM EDT

A Texas bankruptcy judge signed off Friday on the going-concern sale of fiber network provider Everstream, which plans to use proceeds from the $384.6 million sale of its business to exit...

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

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Everstream, a fiber-optic network that provides internet services to businesses in 13 states in the Midwest and Northeast, filed for Chapter 11 with at least $1 billion in liabilities and a $285 million stalking horse offer.

Case Number

4:25-bk-90144

Judge

Christopher M. Lopez

Venue

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

Capital Structure

Total Liabilities:

$1 billion to $10 billion

View Full Scorecard

Related Sections

Case Information

Case Title

Everstream Solutions LLC

Case Number

4:25-bk-90144

Court

Texas Southern

Nature of Suit

Date Filed

May 28, 2025

Recent Articles By Clara