On September 30, 2026, Cole Schotz obtained confirmation of a Chapter 11 plan on behalf of SiFi Networks America, LLC in its Chapter 11 case pending in the United States Bankruptcy Court for the District of Delaware. Following the filing in June 2026, the firm assisted with implementing a sale process to maximize value for creditors, negotiating a global settlement with SiFi’s lender and the Official Committee of Unsecured Creditors, and preparing, negotiating, and prosecuting a Chapter 11 plan. The approved plan had the full support of the Official Committee of Unsecured Creditors and was unanimously accepted by all creditors that voted.

The successful confirmation of the plan further underscores Cole Schotz’s deep experience leading complex restructurings, implementing sale processes that maximize value, and achieving resolutions that balance the interests of debtors and creditors alike.

The Cole Schotz team was led by members Jacob S. Frumkin and Daniel F. X. Geoghan and included member Patrick J. Reilley and associates Michael E. Fitzpatrick, Tejal R. Majethia, Natalie C. Gibson and Melissa M. Hartlipp. The case is SiFi Networks America, LLC, case number (1:26-bk-10912) in the U.S. Bankruptcy Court for the District of Delaware.

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