Copyright 2002 The Deal L.L.C. The Daily Deal…10/10/2002 From LexisNexis Global bandwidth merchant Flag Telecom Holdings Ltd. officially emerged from bankruptcy on Wednesday, Oct. 9, about six months after filing for Chapter 11 protection. The London-based, Bermuda-registered company wiped out about $1.4 billion in debt through its reorganization, and it is expected to turn a […]
360networks poised to emerge from Chapter 11
Copyright 2002 The Deal L.L.C. The Daily Deal…10/02/2002 From LexisNexis Vancouver-based 360networks is poised to exit bankruptcy protection, after a bankruptcy judge in the Southern District of New York approved its reorganization plan late Tuesday, Oct. 1. A judge in the Supreme Court of British Columbia signed off on the company’s Canadian plan of reorganization […]
Global Crossing files reorg plan
Copyright 2002 The Deal L.L.C. The Daily Deal…09/17/2002 From Lexis Nexis Lawyers for Global Crossing Ltd. unveiled Monday, Sept. 16, a reorganization plan that targets an exit from bankruptcy protection for the long-haul carrier by early 2003. Global Crossing aims for court approval of the reorganization plan by December, clearing the way for an early-2003 […]
