Cloud and Network Provider Windstream Files for Chapter 11 Bankruptcy
📅 - Windstream (earthlink.net 👉 Recensioni totali: 6
🙌 Voto medio: 2.7 / 10
👍 Buone recensioni: 1
👎 Recensioni negative: 5
👈 Risposte ufficiali: 0), a provider of voice and data network communications, cloud hosting, and managed services, has filed for bankruptcy. The Chapter 11 bankruptcy comes after a $310 million court loss against a hedge fund.
Windstream intends to use the court-supervised process to address debt maturities that have been accelerated as a result of the recent decision by Judge Jesse Furman in the Southern District of New York against Windstream Services, LLC, a subsidiary of the Company.
"Following a comprehensive review of our options, including an appeal, the Board of Directors and management team determined that filing for voluntary Chapter 11 protection is a necessary step to [...][... Controlla la fonte per la fine dell'articolo ...]
🙌 Voto medio: 2.7 / 10
👍 Buone recensioni: 1
👎 Recensioni negative: 5
👈 Risposte ufficiali: 0), a provider of voice and data network communications, cloud hosting, and managed services, has filed for bankruptcy. The Chapter 11 bankruptcy comes after a $310 million court loss against a hedge fund.
Windstream intends to use the court-supervised process to address debt maturities that have been accelerated as a result of the recent decision by Judge Jesse Furman in the Southern District of New York against Windstream Services, LLC, a subsidiary of the Company.
"Following a comprehensive review of our options, including an appeal, the Board of Directors and management team determined that filing for voluntary Chapter 11 protection is a necessary step to [...][... Controlla la fonte per la fine dell'articolo ...]
Tags: Managed Hosting News Chapter 11 cloud Data Jesse Furman managed services Tony Thomas voice communications windstream
Legge: 2075 | Categoria: General | Fonte: Hosting Jurnalist : Hosting Jurnalist | Autore: Editor Hosting Journalist
Fonte URL: https://hostingjournalist.com/managed-hosting/cloud-and-network-provider-windstream-files-for-chapter-11-bankruptcy/
Azienda: Earth Link
Fonte URL: https://hostingjournalist.com/managed-hosting/cloud-and-network-provider-windstream-files-for-chapter-11-bankruptcy/
Azienda: Earth Link
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