Dynata Gets Initial OK For Ch. 11 Loan, July Plan Hearing

By Rick Archer · May 23, 2024, 6:04 PM EDT

Data provider and market research company Dynata Thursday received interim approval from a Delaware bankruptcy judge to tap into $31.5 million in Chapter 11 financing, a step company counsel says sets...

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Bankruptcy Scorecard

Summary

Global data provider and market research company Dynata LLC filed for Chapter 11 bankruptcy in Delaware with $1.4 billion in total debt, blaming a business slowdown on a steep drop in M&A deals, post-pandemic struggles to rebuild its base of survey-takers and a failure to keep up with rivals.

Case Number

1:24-bk-11057

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.4 billion in total debt

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Related Sections

Case Information

Case Title

Dynata, LLC

Case Number

1:24-bk-11057

Court

Delaware

Nature of Suit

Date Filed

May 22, 2024

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