ConvergeOne Holdings, Inc.

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.