Filing Alert: FTE Networks Chapter 11
FTE Networks Files Chapter 11 in Southern District of New York
FTE Networks, Inc., a New York, NY-based telecommunications and network-infrastructure services provider, filed for Chapter 11 protection on Nov. 2 in the U.S. Bankruptcy Court for the Southern District of New York.
The company reports $1 million to $10 million in assets and $100 million to $500 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-12465.
Key Parties
Signatories:
- Michael P. Beys – Chief Executive Officer (Disputed)
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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