Data Co. Dynata OK'd For Debt-For-Equity Swap Ch. 11 Plan

By Clara Geoghegan · July 2, 2024, 5:12 PM EDT

Market research and data firm Dynata LLC can emerge from bankruptcy, hand ownership to its secured lenders and trim $520 million from its balance sheet after a Delaware bankruptcy judge Tuesday...

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Bankruptcy Scorecard

Summary

Global data provider and market research company Dynata LLC filed for Chapter 11 bankruptcy in Delaware with $1.4 billion in total debt, blaming a business slowdown on a steep drop in M&A deals, post-pandemic struggles to rebuild its base of survey-takers and a failure to keep up with rivals.

Case Number

1:24-bk-11057

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.4 billion in total debt

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Documents

Related Sections

Case Information

Case Title

Dynata, LLC

Case Number

1:24-bk-11057

Court

Delaware

Nature of Suit

Date Filed

May 22, 2024

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