Technology & telecom coverage

chapter 11 and restructuring coverage across Technology & telecom.

53 articles

Showing 37 to 48 of 53 coverage articles

Week of March 2, 2026

Mar 6

Ambri: Battery Startup Sells Assets in 363 Process and Confirms Liquidating Plan

Ambri May 2024 Delaware ch. 11 ran a DIP-funded 363 sale and confirmed a liquidating plan with opt-in GUC pool.

Energy & natural resources

Mar 6

Appgate: Prepack Restructuring Equitizes Debt and Resets Capital Structure

Appgate May 2024 Delaware prepack equitized funded debt and went effective July 2024 after fast confirmation.

PrepackagedIndustrials & manufacturing

Mar 6

Everstream: $384M Auction Win for Midwest Fiber Network

Everstream ch. 11 with $1B debt, 21.4x leverage. Bluebird Fiber won auction at $384.6M.

Technology & telecom

Mar 6

Edgio: 23 Years of CDN History Ends in Piecemeal Liquidation

Edgio ch. 11 September 2024. Akamai acquired for $125M, Lynrock Lake $51M. 23 years of CDN history ended.

Technology & telecom

Mar 6

Ligado Networks: $8.6B Debt-to-Equity Conversion After Decade-Long Spectrum Battle

Ligado converted $8.6B debt to equity in a 9-month chapter 11; AST SpaceMobile spectrum deal and $39B lawsuit drive value.

PrenegotiatedTechnology & telecom

Mar 6

iRobot Corporation: Prepackaged Plan Transfers Ownership to Picea

iRobot Corporation, the Roomba maker, filed a prepackaged chapter 11 in Delaware on December 14, 2025. The plan transferred 100% ownership to Chinese manufacturer Shenzhen Picea Robotics via debt-for-equity conversion. Confirmed January 22 and effective January 23, 2026; existing equity cancelled.

PrepackagedConsumer & retail

Mar 6

Mondee Holdings: $191M Credit Bid Sale in 80 Days

Mondee Holdings, the largest air ticket consolidator in North America, filed chapter 11 in Delaware with a pre-negotiated $191M stalking horse credit bid. The 80-day sale transferred assets to founder Prasad Gundumogula (75% stake). The case was dismissed after post-sale tax complications.

PrenegotiatedTechnology & telecom

Mar 6

Marin Software: 66-Day Chapter 11 Restructuring

Marin Software, a publicly traded SaaS ad-tech company, filed pre-negotiated chapter 11 in Delaware on July 1, 2025. ESW Capital affiliate Kaxxa Holdings provided $5.5 million in plan consideration. The company emerged in 66 days with full creditor recovery and equity distributions.

PrenegotiatedTechnology & telecom

Mar 6

2U: Rapid Prepack Restructures $945M Debt Stack

2U July 2024 SDNY prepack restructured ~$945M funded debt and went effective in September 2024.

PrepackagedTechnology & telecom

Mar 6

DocuData Solutions: Exela's $1.1B Debt Swap in 112 Days

DocuData Solutions ch. 11 eliminated $1.1B debt for Exela subsidiaries in 112 days after ransomware attacks.

PrenegotiatedTechnology & telecom

Mar 6

Flipcause: Nonprofit Fundraising Platform Collapses After Stripe Freezes $2.2 Million

Flipcause filed chapter 11 after Stripe froze $2.2M in nonprofit funds. CA AG cease-and-desist, 29-organization fraud suit, and trustee appointed; 363 sale.

Chapter 7Technology & telecom

Mar 6

Anthology: EdTech Giant's $1.6B Debt Unwound in 4-Month Chapter 11

Anthology filed chapter 11 in September 2025 carrying $1.625B debt from the 2021 Blackboard merger. Dual 363 sales sent Enterprise Operations to Ellucian (~$70M) and Lifecycle Engagement to Encoura (~$50M). Teaching & Learning emerges debt-free as Blackboard Inc. under Oaktree and Nexus ownership.

PrenegotiatedTechnology & telecom