New Delaware Chapter 11 Filing – Dex Media Inc. et al.
Dex Media, Inc. (OTC PINK: DXMM) and twelve affiliated companies have filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (Lead Case No. 16-11200). Honorable Kevin Gross will oversee the debtors’ bankruptcy proceedings. The debtors are a leading provider of marketing solutions to small and medium businesses and printer of the “yellow pages” and are the result of the merger of Dex One and SuperMedia through a chapter 11 plan of reorganization confirmed on April 29, 2013. The debtors have filed a pre-packaged plan of reorganization and disclosure statement, along with a motion to assume a related restructuring support agreement. They are also seeking authority to set bar dates for the filing of proofs of claim. The petitions (including the consolidated list of top 30 creditors), first day declaration and docket are available through Epiq. The debtors have released a press release regarding their reorganization efforts.