• Home
  • Articles
  • Insolvent Bermuda Digicel firm files for Chapter 15 bankruptcy in New York

Insolvent Bermuda Digicel firm files for Chapter 15 bankruptcy in New York

An insolvent Bermuda holding company within the Digicel Group, which provides mobile phone, cable television, Internet, and other communications services in the Caribbean and South Pacific, has filed for Chapter 15 recognition of its Bermuda provisional liquidation at bankruptcy court in Manhattan as part of a plan to restructure debt that totals $7.4 billion.