Behind The Ch. 11 Filing Of Digital Media Solutions

By Ben Zigterman · October 17, 2024, 6:04 PM EDT

An increase in car crashes was among the factors that helped lead to the Chapter 11 filing of online advertising company Digital Media Solutions, one of the latest debtors to file...

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Bankruptcy Scorecard

Summary

Digital advertising firm Digital Media Solutions filed for Chapter 11 protection in a Texas bankruptcy court with eyes toward a sale process that would have its prepetition lenders acting as lead bidders for a proposed auction.

Case Number

24-bk-90468

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$100 million to $500 million

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Case Information

Case Title

Digital Media Solutions, Inc.

Case Number

4:24-bk-90468

Court

Texas Southern

Nature of Suit

Date Filed

September 11, 2024