DocuData Solutions, L.C.

  1. March 27, 2025

    Exela Pulled Into Ch. 11 By Stiff Competition, Pandemic Woes

    Competing businesses, a ratings downgrade in 2019, impacts from the COVID-19 pandemic and a 2022 network outage led automation service business Exela Technologies to seek bankruptcy protection in early March this year, with a prearranged Chapter 11 reorganization that will be funded by noteholders.

  2. March 11, 2025

    Catching Up With New Bankruptcy Case Action

    A business automation firm, a dermatology technology maker and a telecommunications business software group all filed for Chapter 11 with debt-for-equity swap plans. A Tex-Mex restaurant chain filed for Chapter 11 in the face of macroeconomic pressures. An energy industry engineering firm filed for bankruptcy after trade debt bogged down merger or sale efforts. A Missouri car transporter is looking to liquidate in Chapter 7, and two real estate companies filed for Chapter 11 in New York.

  3. March 04, 2025

    Exela Units File For Ch. 11 With $1.3B Debt

    A Texas bankruptcy judge granted about 60 units of business process automation company Exela Technologies Inc. interim approval to access a $185 million lending facility to finance their Chapter 11 bankruptcy cases, in which the debtors hope to refinance their more than $1.3 billion of debt.