Elantic Telecom, Inc. Files for Reorganization
Tuesday July 20, 7:29 am ET
RICHMOND, Va., July 20 /PRNewswire/ -- Elantic Telecom, Inc. (Elantic Telecom), today announced that it has filed a voluntarily petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division. The company filed the petition as part of a comprehensive financial restructuring plan that will significantly reduce its debt and strengthen its balance sheet."
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