EI Wind Down, Inc.

  1. December 09, 2014

    Edgenet Estate Gets Nod For Ch. 11 Liquidation Plan

    A Delaware bankruptcy judge on Tuesday blessed Edgenet Inc.'s Chapter 11 plan, which will dole out remaining proceeds from the cloud computing company's $8 million sale and other estate cash.

  2. October 07, 2014

    Data Tech Co. Edgenet Submits Ch. 11 Liquidation Plan

    Bankrupt cloud computing company Edgenet Inc. filed a Chapter 11 liquidation plan on Monday that would divvy up the remaining proceeds of its $8 million sale among the estate's two major creditor constituencies.

  3. June 13, 2014

    Edgenet Noteholders Seek To Convert Case To Ch. 7

    Noteholders of Edgenet Inc. asked a Delaware bankruptcy judge on Thursday to convert its bankruptcy case to Chapter 7, saying there is no benefit to remaining in Chapter 11 now that the data technology company has sold off its assets.

  4. June 10, 2014

    Bankrupt Edgenet Gets Nod For $8M Sale To Former Execs

    A Delaware bankruptcy judge on Tuesday blessed the $8 million sale of data technology firm Edgenet Inc. to a group of its former principals, who prevailed in a Chapter 11 auction with a winning offer that improved upon the stalking horse bid by $2.5 million.

  5. June 02, 2014

    Ex-Edgenet Execs Get Breathing Room For Ch. 11 Auction Bid

    A Delaware bankruptcy judge on Monday agreed to push back the timetable of Edgenet Inc.'s planned bankruptcy sale, allowing a group of its former principals four extra days to put together a bid for the data technology company.

  6. May 30, 2014

    Ex-Edgenet Principals Want More Time To Bid In Ch. 11 Auction

    Bankrupt Edgenet Inc.'s noteholders committee joined a group of the company's former principals Friday in a call to postpone the bid deadline for the debtor's auction, seeking more time for the ex-employees to best the $5.5 million stalking horse offer from a Parallax Capital Partners LLC unit.

  7. May 05, 2014

    Edgenet Gets Green Light On Parallax Stalking Horse Plan

    A Delaware bankruptcy judge gave private equity-owned data technology company Edgenet Inc. the nod Monday for its planned stalking horse sale plan to a unit of Parallax Capital Partners LLC after the debtor removed a provision requiring a purchaser to pay $1 million in bonuses to its executives.

  8. April 14, 2014

    Bankrupt Edgenet Lands Parallax Unit As Stalking Horse

    Private equity-owned data technology company Edgenet Inc. asked the Delaware bankruptcy court Friday to approve an auction plan for a portion of its assets, with a unit of Parallax Capital Partners LLC putting in a stalking horse bid of $6.5 million plus certain assumed liabilities.

  9. April 10, 2014

    Edgenet Can't Nix Noteholder Committee Over Supposed Cost

    A Delaware bankruptcy judge denied private equity-owned Edgenet Inc.'s bid to disband the noteholder committee, which the company said would run up additional costs in the case, ruling Thursday that Edgenet didn't show the U.S. trustee's office had acted improperly in forming the group.

  10. March 05, 2014

    Bankrupt Edgenet Seeks To Sink Bid For Official Committee

    Data technology company Edgenet Inc. urged a Delaware bankruptcy judge Wednesday to reject a call by noteholders for an official committee, saying the appointment would run up additional costs on behalf of a group that already has a voice in the Chapter 11 case.

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