CTI Liquidations Co., Inc.

Track this case

Case Number:

2:23-bk-14853

Court:

New Jersey

Nature of Suit:

Firms

Companies

Sectors & Industries:

  1. February 26, 2024

    Kirkland Nabs $14.6M Payout For Cyxtera's Ch. 11

    A New Jersey bankruptcy judge on Monday approved $43.8 million in final fee and expense applications for professionals involved in Cyxtera Technologies Inc.'s Chapter 11 case, with almost half the money going to an investment banking firm and roughly $15 million to Kirkland & Ellis LLP.

  2. January 26, 2024

    Kirkland, Other Firms Seek $23M Fees In Cyxtera Ch. 11

    Law firms and professional advisers have filed final fee applications exceeding $23 million in the New Jersey bankruptcy case of data center provider Cyxtera Technologies Inc., including a request from Kirkland & Ellis LLP for $14.5 million in legal fees.

  3. November 01, 2023

    US Trustee Blasts 'Overbroad' Releases In Cyxtera Plan

    The U.S. Trustee's Office asked a New Jersey bankruptcy judge to reject data center company Cyxtera Technologies Inc.'s proposed Chapter 11 plan, saying the company's claims releases are "overbroad."

  4. September 27, 2023

    Cyxtera Gets Go-Ahead For Creditor Vote On Ch. 11 Plan

    A New Jersey bankruptcy judge has given data center company Cyxtera Technologies permission to send a more than $974 million debt-for-equity swap Chapter 11 plan out for a creditor vote after the company's sale offer failed to attract a sufficient bid.

  5. June 06, 2023

    Cyxtera Gets OK For $40M Ch. 11 Financing Draw

    A New Jersey bankruptcy judge Tuesday gave data center company Cyxtera Technologies permission to tap into $40 million in Chapter 11 financing and roll up $36 million in debt as it puts itself on the block with a debt-for-equity swap as a backup.