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Avaya files for bankruptcy
- Thread starter jimbojimbo
- Start date
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mikeydidit
IS-IT--Management
I have seen this about 5 times this morning and expecting an email from my BP anytime now. From what I'm hearing they are calling this "restructuring". But I'm sure this will open more doors to the Cisco guys. I hate to see it.
When is the last time you helped someone, just because you were able to?
For the best response to a question, read faq690-6594
When is the last time you helped someone, just because you were able to?
For the best response to a question, read faq690-6594
really unbelievable.. I've been getting the general emails from the BP about nothing needing to be worried or acted upon. A trusted BP seems to think it will help Avaya and won't really affect current/future development. Said the real impact will be on lost future sales because of buyer fears.
- Thread starter
- #4
jimbojimbo
Vendor
Avaya was able to secure the restructuring capital so for the most part I would expect business as usual. Since they only filed for US portion of the company it makes things simpler. Question will simply be what will the court accept for debt relief.
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