IT Firm ConvergeOne To Wipe $1.6B Of Debt In Ch. 11

By Vince Sullivan · April 4, 2024, 11:13 AM EDT

Information technology company ConvergeOne Holdings Inc. received preliminary approval for a disclosure statement Thursday that describes its plan to slash $1.6 billion from its balance sheet in a prepackaged Chapter 11....

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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

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Documents

Case Information

Case Title

ConvergeOne Holdings, Inc.

Case Number

4:24-bk-90194

Court

Texas Southern

Nature of Suit

Date Filed

April 04, 2024