Chilean Telecom Ch. 11 Should Stay In US, Creditors Say

By Yun Park · June 4, 2024, 7:19 PM EDT

The unsecured creditors of Chilean cellphone network operator WOM asked a Delaware bankruptcy judge to deny certain noteholders' motion to dismiss the company's Chapter 11 case, contending that the U.S. court...

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Bankruptcy Scorecard

Summary

Chilean internet service provider WOM SA sought bankruptcy protection in Delaware with more than $1 billion of debt, pinning its struggles on credit downgrades, delays in a 5G network project and creditor liquidation attempts.

Case Number

1:24-bk-10628

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.05 billion

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Documents

Case Information

Case Title

WOM S.A.

Case Number

1:24-bk-10628

Court

Delaware

Nature of Suit

Date Filed

April 01, 2024