Technology & telecom coverage

chapter 11 and restructuring coverage across Technology & telecom.

53 articles

Showing 13 to 24 of 53 coverage articles

Week of April 27, 2026

Wiser Solutions: $90M Crestline Credit-Bid Sale Drives Chapter 11

Wiser Solutions, a retail-intelligence SaaS platform, filed chapter 11 in the Northern District of Texas on April 27, 2026. Crestline — senior lender, DIP lender, and stalking-horse affiliate — is positioned to acquire assets via a $90 million credit bid in a sale targeting June 23.

Technology & telecom

Week of April 6, 2026

Apr 9

Conscious Content Media: HOMER App Maker Targets $106M Debt Cut

Conscious Content Media filed chapter 11 on Dec. 17, 2025, proposing a $106M debt cut. HOMER parent backed by LEGO and Sesame faces EdTech funding decline.

PrenegotiatedTechnology & telecom

Week of March 16, 2026

Mar 19

Eye Care Leaders: Ransomware, 363 Sale, Creditor Trust

Eye Care Leaders filed chapter 11 in the Northern District of Texas after ransomware fallout, customer attrition, and liquidity strain. The case centered on a fast section 363 sale and ended with a confirmed liquidating plan that transferred remaining assets into the ECL Creditor Trust.

Healthcare & life sciences

Mar 19

Epic! Creations: Trustee-Run Chapter 11 Asset Sales

Epic! Creations, Tynker, and Osmo entered an involuntary Delaware chapter 11 tied to Byju's $1.2 billion term loan. A chapter 11 trustee ran the cases, sold the businesses, confirmed a wind-down plan in October 2025, and left prepetition term loan creditors with an estimated 2% to 5% recovery.

Technology & telecom

Mar 19

Broadband Telecom's Chapter 11 Pivots on Rule 2004 Discovery Over India-Based Servers and Records

Broadband Telecom's chapter 11 cases in the Eastern District of New York have turned on Rule 2004 discovery, direct server access, and recovery of books and records from an outsourced operating environment, with no confirmed plan or sale order yet reflected in the indexed docket.

FreefallTechnology & telecom

Mar 19

Digital Media Solutions Completes $95M Credit Bid Sale

Digital Media Solutions completed a $95M lender credit-bid sale after its 2024 chapter 11 filing; BlackRock-led investors acquired the core business.

PrenegotiatedTechnology & telecom

Mar 19

View Files Chapter 11 With Prepackaged Plan to Take Smart-Glass Maker Private

View’s Delaware prepack chapter 11 equitized lender claims, provided exit funding, and canceled existing equity in a fast go-private restructuring.

PrepackagedReal estate & construction

Mar 19

Desktop Metal: $179 Million Merger to $7 Million Sale

Desktop Metal filed chapter 11 117 days after Nano Dimension bought it for $179.3 million. A 64-day liquidation sold core assets for $7 million.

Industrials & manufacturing

Mar 19

Wag!: 66-Day Prepack Chapter 11 Transfers Ownership

Wag\! Group Co. filed prepackaged chapter 11 in Delaware in July 2025 after SoftBank's $300M investment, a failed SPAC, and $69.5M in cumulative losses. Retriever LLC converted $16.3M in secured debt to 100% equity; the plan confirmed in 66 days with general unsecured creditors paid in full.

PrepackagedConsumer & retail

Mar 19

QLess: Subchapter V Restructuring Resolves Shareholder Litigation

QLess, a Pasadena-based SaaS queue management company, filed Subchapter V in Delaware in June 2024 amid $1M in shareholder litigation costs. Plan confirmed under §1191(b) cramdown in 90 days; $3.3M DIP converted to equity. Case closed by final decree March 2025.

Subchapter VTechnology & telecom

Mar 16

Brookfield Buys Cyxtera Data Centers for $775M

Brookfield bought Cyxtera Technologies' data centers for $775 million after the company filed chapter 11 in New Jersey. The plan took effect Jan. 12, 2024.

PrenegotiatedTechnology & telecom

Mar 16

Bird Global: SPAC Scooter Operator Ends in Liquidating Plan

Bird Global filed chapter 11 in Miami after ride volumes and revenue fell, completed a lender-backed 363 sale, and exited through a liquidating plan effective September 17, 2024.

PrenegotiatedTechnology & telecom