ConvergeOne Holdings, Inc.
Case Number:
4:24-bk-90194
Court:
Nature of Suit:
Firms
- Abernathy Roeder
- ArentFox Schiff
- Bracewell LLP
- Buchalter APC
- Cohne Kinghorn
- Davis Polk
- Dykema
- Faegre Drinker
- Forshey Prostok
- Frost Brown
- Gibson Dunn
- Gray Reed
- Harris Beach PLLC
- Haynes & Boone
- Hunton Andrews
- Latham & Watkins
- Linebarger Goggan
- McCarthy Lebit
- McElroy Deutsch
- Perdue Brandon
- Peri & Stewart
- Polsinelli PC
- Porter Hedges
- Proskauer Rose
- Taylor English
- White and Williams
- White & Case
Companies
- Akamai Technologies Inc.
- AlixPartners LLP
- ConvergeOne Inc.
- CVC Capital Partners Ltd.
- Evercore Inc.
- Google LLC
- Grant Thornton LLP
- Liberty Mutual Insurance Group
- Oracle Corp.
- Salesforce.com Inc.
- Verint Systems Inc.
- Wells Fargo & Co.
Government Agencies
Sectors & Industries:
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October 24, 2024
ConvergeOne Can't Ax Snubbed Creditors' Ch. 11 Plan Appeal
A Texas federal judge said he wouldn't toss an appeal by a group of secured creditors who say they were improperly iced out of a new equity offering pool for ConvergeOne, writing that the group's challenge wouldn't unravel the reorganized information technology services company's confirmed Chapter 11 plan or harm third parties.
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June 26, 2024
Judge Denies ConvergeOne Lenders' Bid To Halt Ch. 11 Plan
A Texas federal judge has rejected a request by a group of ConvergeOne lenders to stay a bankruptcy court's order approving an equity rights offering included in the information technology company's Chapter 11 plan, ending the spurned lenders' challenge to a deal they claimed ran afoul of bankruptcy rules.
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June 05, 2024
'Creditor-On-Creditor Violence' Gets Big Test In ConvergeOne
Creditor infighting made famous by the bankruptcy case of Serta Simmons Bedding and a "drop down" deal by J. Crew is facing another legal test, as spurned ConvergeOne lenders battle breakaway members of their creditor class at a moment when bankruptcy judges appear split on questions of "creditor-on-creditor violence."
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May 28, 2024
Snubbed ConvergeOne Creditors Appeal Ch. 11 Plan
A group of ConvergeOne lenders that claim the information technology company's reorganization plan unfairly advantages rival creditors has appealed a Texas bankruptcy judge's recent ruling approving the Chapter 11 deal, asking a district court to stay the decision while it challenges what it called an "exclusive" rights offering underlying the plan.
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May 23, 2024
ConvergeOne Defeats 'Law Review Article' Objection To Reorg
Information technology company ConvergeOne won a Texas bankruptcy judge's blessing Thursday to cut more than $1 billion of debt under a reorganization deal that a group of senior lenders said would unlawfully advantage rival creditors.
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May 03, 2024
Tech Co. ConvergeOne Can Tap Final $70M Leg Of $215M DIP
A Texas bankruptcy judge has given final approval to information technology company ConvergeOne's two debtor-in-possession loans, letting the company access $70 million of new money as it works to confirm a prepackaged Chapter 11 plan to clear $1.6 billion of debt.
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April 08, 2024
WeWork Saves $8B, Do Kwon Found Liable, WOM CEO Leaves
One of the busiest weeks for new bankruptcies this year also featured notable developments in ongoing cases. Terraform Labs and its creator Do Kwon were found liable for securities fraud, WeWork announced it expects to save $8 billion by restructuring hundreds of leases, and a New York bankruptcy judge said he would take under advisement a decision about a sale of Rudy Giuliani's Florida condo.
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April 08, 2024
Meet The Attorneys In ConvergeOne's Ch. 11
Attorneys from White & Case LLP are representing information technology company ConvergeOne Holdings Inc. as it seeks to cut $1.6 billion in debt with a prepackaged equity-swap Chapter 11 plan.
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April 04, 2024
IT Firm ConvergeOne To Wipe $1.6B Of Debt In Ch. 11
Information technology company ConvergeOne Holdings Inc. received preliminary approval for a disclosure statement Thursday that describes its plan to slash $1.6 billion from its balance sheet in a prepackaged Chapter 11.