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Meet The Attorneys Helping Intrum Through Ch. 11

By Rick Archer · December 19, 2024, 7:03 PM EST

Swedish loan-servicing company Intrum is attempting to restructure $4.6 billion in debt with a Texas bankruptcy filing, under the guidance of a team of attorneys from Porter Hedges LLP and Milbank...

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Bankruptcy Scorecard

Summary

Intrum, a loan servicing company based in Stockholm, has petitioned for bankruptcy protection in the U.S., after taking on too much debt in an attempt to buy up portfolios of consumer debt on the cheap and then failing to keep up with its own debt payments amid a sluggish European economy.

Case Number

24-90575

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$4.65 billion

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