Exela Can Seek Votes On $1.25B Debt Restructuring Plan

By Ben Zigterman · May 8, 2025, 4:03 PM EDT

A Texas bankruptcy judge said Thursday the insolvent units of business automation group Exela Technologies Inc. can solicit votes on their Chapter 11 plan, which would restructure their $1.25 billion debt....

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Bankruptcy Scorecard

Summary

About 60 units of business process automation company Exela Technologies Inc. filed for Chapter 11 in the Southern District of Texas with a prearranged plan and hopes to file a restructuring plan "shortly," seeking to refinance over $1.3 billion of debt.

Case Number

4:25-bk-90023

Judge

Christopher M. Lopez

Venue

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

Capital Structure

Total Liabilities:

$1.3 billion.

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Related Sections

Case Information

Case Title

DocuData Solutions, L.C.

Case Number

4:25-bk-90023

Court

Texas Southern

Nature of Suit

Date Filed

March 03, 2025

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