Software Co. Ebix Gets Ch. 11 Plan Disclosure Statement OK'd

By Emlyn Cameron · June 27, 2024, 3:49 PM EDT

A Texas bankruptcy judge on Thursday said he would greenlight insurance software provider Ebix's Chapter 11 disclosure statement with the support of the debtor's unsecured creditors....

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Bankruptcy Scorecard

Summary

Ebix and its affiliates petitioned for Chapter 11 protection in December, disclosing more than $664 million in debt and saying it was unable to refinance or extend the maturity on the $650 million in secured debt that has helped finance its growth over the past decade, leading it to file for bankruptcy.

Case Number

8:23-bk-80004

Judge

Scott W. Everett

Venue

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

Capital Structure

Total Liabilities:

More than $664 million in debt

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Documents

Related Sections

Case Information

Case Title

Ebix, Inc.

Case Number

8:23-bk-80004

Court

Texas Northern

Nature of Suit

Date Filed

December 17, 2023

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