Avaya OK'd For Expedited Confirmation Of $3.4B Ch. 11 Plan

By Jeff Montgomery (February 15, 2023, 4:22 PM EST) -- Avaya Inc. secured tentative approval Wednesday for a high-speed run through Chapter 11 in Texas, aimed at jettisoning by late March some $2.6 billion, or about 75%, of its $3.4 billion debt under a plan that includes a stockholder wipeout....

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