LodgeNet Interactive Corporation Chapter 11 Bankruptcy Filings: Voluntary Petition

LodgeNet Interactive Corporation (former ticker symbol: LNET) and a number of affiliated companies voluntarily filed pre-packaged chapter 11 bankruptcy cases on Sunday in New York City. The companies, which are “the leading provider of interactive media and connectivity services to the hospitality and healthcare industries in the United States” according to court filings, are proposing a plan of reorganization pursuant to which “a group of investors led by Col-L Acquisition, LLC, a subsidiary of Colony Capital, LLC, will invest at least $60 million in exchange for 100% of the common stock of reorganized LodgeNet Interactive.” Read the full story about the filing here: http://chapter11cases.com/lodgenet-interactive-corporation-files-for-chapter-11-bankruptcy-protection-in-new-york-on-sunday/

Embedded below is one of the key early bankruptcy court filings from the case.  Copies of all of the bankruptcy court filings in the case can be found by clicking here.

One Reply to “LodgeNet Interactive Corporation Chapter 11 Bankruptcy Filings: Voluntary Petition”

Leave a Reply