Fusion Connect is in a confirmed-plan posture: the court confirmed the debtors’ Third Amended Joint Chapter 11 Plan on December 17, 2019, leaving the case’s restructuring path defined by the confirmation order rather than an open sale or financing fight. The company entered chapter 11 on June 3, 2019, through the voluntary petitionDkt. 1, with the first-day record describing an integrated cloud and telecommunications provider carrying a highly leveraged secured-debt stack.
The filing was driven by a capital structure anchored by approximately $691.5 million of funded debt, including a $20 million super-senior facility, roughly $573.2 million of first-lien term and revolving debt, $85 million of second-lien debt, and about $13.3 million of unsecured notes. Keith Soldan’s first-day declaration identified Wilmington Trust as agent on the senior secured facilities and described liens on substantially all debtor assets, placing the restructuring against a creditor-capital-structure backdrop rather than a simple trade-creditor liquidity case Soldan declarationDkt. 2.
The case moved from that June 2019 filing into a plan process that culminated just over six months later, when Judge Stuart M. Bernstein entered the confirmation order for the Third Amended Joint Chapter 11 PlanDkt. 680. The available context does not provide the plan’s distribution mechanics, sponsor, releases, effective date, or remaining closing conditions, so the high-confidence current read is limited: Fusion Connect’s chapter 11 has passed the principal restructuring milestone of confirmation, and any remaining case activity should be understood as post-confirmation administration unless a later docket event shows otherwise.
