Mitel Networks' 5-Year Journey Into Bankruptcy

By Vince Sullivan · March 14, 2025, 5:48 PM EDT

Business telecommunications company Mitel Networks hit bankruptcy earlier this month after a societal shift in working conditions began five years prior with the onset of the COVID-19 pandemic, according to its...

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Bankruptcy Scorecard

Summary

Communications software company Mitel Networks filed for Chapter 11 protection in a Texas bankruptcy court with a prepackaged equity-swap plan it says will cut $1.15 billion from its more than $1.3 billion in secured debt.

Case Number

4:25-bk-90090

Judge

Christopher M. Lopez

Venue

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

Capital Structure

Total Liabilities:

$1.325 billion

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Related Sections

Case Information

Case Title

MLN US HoldCo LLC

Case Number

4:25-bk-90090

Court

Texas Southern

Nature of Suit

Date Filed

March 09, 2025

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