July 17, 2023
Cloud-based data center operator Internap Holding LLC received bankruptcy court approval Monday in Delaware for its Chapter 11 plan that will see $128 million of secured debt exchanged for the equity of a reorganized company.
May 02, 2023
Bankrupt cloud-based data center operator Internap Holding LLC received consensual approval Tuesday to use its lenders' cash in Chapter 11 as it moves toward a June hearing on its debt-for-equity swap plan disclosures in Delaware.
April 28, 2023
Data center operator Internap Holding filed for Chapter 11 protection in Delaware on Friday with nearly $128 million in debt, saying its second bankruptcy filing in three years was a step in its evolution to a stand-alone cloud business.