Brief

US Trustee Fights Appgate Ch. 11 Plan's Opt-Out Releases

By Yun Park · June 12, 2024, 3:51 PM EDT

The Office of the United States Trustee objected on Wednesday to the Chapter 11 plan proposed by tech firm Appgate Inc., saying it would seek to impose an "opt-out only release"...

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Bankruptcy Scorecard

Summary

Florida-based cybersecurity firm Appgate filed for Chapter 11 with plans to emerge from bankruptcy debt free by handing ownership to its creditors and going private roughly three years after its IPO.

Case Number

24-bk-10956

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Documents

Related Sections

Case Information

Case Title

Appgate, Inc.

Case Number

1:24-bk-10956

Court

Delaware

Nature of Suit

Date Filed

May 06, 2024

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