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Filing Alert: QXC Communications Chapter 11 2 min read
Chapter 11 Filing Alerts

Filing Alert: QXC Communications Chapter 11

QXC Communications Files Chapter 11 in Southern District of Florida

By Bondoro

QXC Communications, Inc., a Boca Raton, FL-based provider of fiber-optic and wireless networking solutions, filed for Chapter 11 protection on Feb. 28 in the U.S. Bankruptcy Court for the Southern District of Florida.

The company reports $11.7 million in assets and $13.9 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12256.


Top Unsecured Claims

Form 204 Top Unsecured Claims
Source: Court filings

Key Parties

Counsel:
  • John E. Page
  • Shraiberg Page PA
  • Email: jpage@slp.law
Signatories:
  • John Von Stein – CEO
Equity Security Holders:
  • John Von Stein – 76.0% Equity Interest
  • Desmond Carr – 10.6% Equity Interest
  • Plamen Petkov – 6.1% Equity Interest
  • Tom Ward – 4.1% Equity Interest
  • Michelle Duffy – 2.0% Equity Interest
  • Dr Richard Pitera – 1.2% Equity Interest

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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