Former Edgenet’s liquidation plan unanimously OK’d by voting creditors

By Caroline Salls

Pittsburgh, Dec. 8 – The EI Wind Down, Inc.’s, formerly Edgenet, Inc., amended joint plan of liquidation was unanimously approved by voting creditors, according to a Friday filing with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, the one holder of an $85.3 million Liberty Partners Lenders secured claim voted to accept the plan, as did all 24 holders of $14.07 million in seller noteholder claims.

The plan confirmation hearing is scheduled for Dec. 9.

Edgenet, an Atlanta-based provider of cloud-based content, applications and services, filed for bankruptcy on Jan. 14, 2014. The Chapter 11 case number is 14-10066.

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