Avaya’s prepackaged reorganization was confirmed on March 22, 2023, under the confirmation order Dkt. 350. The next material milestone was plan effectiveness, implementing a restructuring designed to reduce debt by more than $2.6 billion while leaving general unsecured creditors unimpaired, as described in the first-day declaration Dkt. 4.

Avaya’s prepackaged reorganization was confirmed on March 22, 2023, under the confirmation order Dkt. 350. The next material milestone was plan effectiveness, implementing a restructuring designed to reduce debt by more than $2.6 billion while leaving general unsecured creditors unimpaired, as described in the first-day declaration Dkt. 4.