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Avaya Services Inc.

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Case overview

Case Number:

1:17-bk-10088

Court:

New York Southern

Nature of Suit:

Firms

Companies

Sectors & Industries:

  1. December 15, 2017

    Avaya Shortens Contract For Soccer Stadium Naming Rights

    Avaya Inc. has shortened its naming rights contract with a soccer stadium in San Jose to 2018 instead of 2024, the bankrupt telecom giant told a New York bankruptcy court Thursday, as it ties up loose ends ahead of an imminent exit from Chapter 11.

  2. November 28, 2017

    Avaya On Track To Exit Ch. 11 Proceedings After Court's OK

    Avaya Inc. cleared a path to financial recovery on Tuesday after a New York bankruptcy judge approved the company's Chapter 11 debt restructuring plan, putting the troubled telecom giant in position to emerge from bankruptcy by the end of the year.

  3. November 27, 2017

    Avaya Ch. 11 Plan, Supported By Creditors, Heads To Judge

    Avaya Inc. said Sunday that it is ready to confirm a Chapter 11 turnaround plan at a New York bankruptcy court hearing this week with support from all of its major creditor constituencies after hashing out plan amendments during court-ordered mediation.

  4. October 31, 2017

    Avaya Cleared To Solicit Votes On Recalibrated Ch. 11 Plan

    Telecom giant Avaya Inc. received clearance Tuesday from a New York bankruptcy judge to begin soliciting creditor votes on an updated Chapter 11 reorganization plan that came together with input from groups of creditors during court-ordered mediation.

  5. October 24, 2017

    Avaya Clears Way For Reorg With New Creditor Ceasefire

    Avaya Inc. has resolved a series of creditor disputes that had blocked its Chapter 11 plan, the bankrupt telecom giant told a New York bankruptcy court Tuesday, clearing the way for confirmation of the plan and a reorganization of the company.

  6. September 22, 2017

    Avaya Allows $40M Bankruptcy Claim To Settle Patent Suit

    Bankrupt telecom giant Avaya Inc. became the 14th company to settle allegations that it infringed an Ethernet patent held by Network-1 Technologies Inc., agreeing to allow a $40 million unsecured claim against the estate, according to papers filed in New York bankruptcy court on Thursday.

  7. September 14, 2017

    Avaya Creditor Spat Over Ch. 11 Plan Sent To Mediation

    A creditor quarrel over proposed payouts in Avaya Inc.'s Chapter 11 restructuring plan is headed to mediation after a New York bankruptcy judge on Wednesday ordered the telecom giant and its creditor factions to make a good-faith attempt at resolving or narrowing lingering objections.

  8. August 22, 2017

    Avaya Adds $60M Creditor Recovery Pool To Ch. 11 Plan

    Bankrupt telecom giant Avaya Inc. said Tuesday that it would file an amended Chapter 11 plan that would set aside $60 million for its unsecured creditors.

  9. August 07, 2017

    Avaya Files Ch. 11 Plan, Looks To Trim $3B In Debt

    Bankrupt telecom giant Avaya Inc. announced Monday that it has reached terms on a restructuring plan with senior noteholders that would shave $3 billion in debt from the company's balance sheet and transfer its pension obligations to the U.S. Pension Benefit Guaranty Corp. 

  10. May 25, 2017

    Avaya Gets More Time To File Reorganization Plan

    Avaya Inc. on Thursday was given a 60-day extension to file a Chapter 11 plan without competing proposals after attorneys for the bankrupt telecom giant told a New York bankruptcy judge that they are negotiating with secured lenders that were unsatisfied with an initial plan.

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