Displaying items by tag: Chapter 11

Unified communications vendor Avaya has finally emerged from Chapter 11 protection from bankruptcy in the US with completion of its debt reconstruction plan.

Published in Listed Tech

California-based telco Avaya has entered into a plan support agreement following its filing for chapter 11 bankruptcy in January.

Friday, 20 January 2017 07:26

Avaya files for chapter 11 bankruptcy

The California-based telecommunications company Avaya has filed for chapter 11 bankruptcy protection, according to a report in the Wall Street Journal.

Published in Business Telecoms

Kodak, the legendary photographic company, has entered into Chapter 11 bankruptcy in the US, hoping to reorganise its business with a near US $1b 'debtor-in-possession' loan from Citigroup.

Published in Market

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