New Chapter 11 Filing - Avaya Inc.
Avaya Inc.
1/19/17 Recap: Late in its transition from a hardware-based business model to a software model, Santa Clara California based communications services provider filed a freefall bankruptcy to address its $6b+ balance sheet and ~$1.45b of pension/OPEB liabilities with the help of a proposed $725mm DIP Facility.
Jurisdiction: S.D. of New York
Capita…