Cyxtera Communications

Representation of the creditors’ committee in the chapter 11 bankruptcy of data center-operator Cyxtera Technologies in the District of New Jersey. The debtor filed for bankruptcy protection in June 2023, two years after the company went public, as it struggled to pay down debt and faced a severe funding crunch. The firm has worked to develop a sales strategy to maximize value to the unsecured creditors and a plan that will lead to a much stronger Cyxtera.