Quick Growth, Stiff Competition Led To Everstream's Ch. 11

By Emlyn Cameron · May 30, 2025, 6:59 PM EDT

Everstream, a provider of fiber networks to businesses, was pushed into Chapter 11 by burdensome debt, disappointing returns on an aggressive expansion effort and a highly competitive market despite efforts to...

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Bankruptcy Scorecard

Summary

Everstream, a fiber-optic network that provides internet services to businesses in 13 states in the Midwest and Northeast, filed for Chapter 11 with at least $1 billion in liabilities and a $285 million stalking horse offer.

Case Number

4:25-bk-90144

Judge

Christopher M. Lopez

Venue

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

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Related Sections

Case Information

Case Title

Everstream Solutions LLC

Case Number

4:25-bk-90144

Court

Texas Southern

Nature of Suit

Date Filed

May 28, 2025

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