New Case Filing – Chapter 15 – PT Holdco, Inc.

Cole Schotz
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PT Holdco, Inc. and four of its affiliates, including Primus Telecommunications Canada, Inc., which resell residential and business telecommunications services, have commenced cases (Lead Case No. 16-10131 (LSS)) under Chapter 15 of the Bankruptcy Code by filing petitions for relief with the U.S. Bankruptcy Court for the District of Delaware.  The debtors’ foreign representative is FTI Consulting Canada, Inc., and the Honorable Laurie Selber Silverstein will preside over the cases.  The debtors are seeking recognition of proceedings in Canada.  PT Holdco, Inc.’s petition, the Verified Petition for Recognition of Foreign Main Proceeding and Related Relief , and the Declaration of Nigel D. Meakin in support of thereof is available from ECF.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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