Morris Nichols Bankruptcy Alert - GigaMonster Networks, LLC and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware

On January 16, 2023, GigaMonster Networks, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.

Lead Case No. – 23-10051-JKS

Debtors – GigaMonster Networks, LLC; Gigasphere Holdings LLC; GigaMonster, LLC; Fibersphere Communications LLC; Fibersphere Communications of California LLC

Description of Debtors – High speed internet provider

Website of Debtors (URL) – www.gigamonsternetworks.com/

Assigned Judge – The Honorable J. Kate Stickles

Proposed Counsel – The Debtors' proposed bankruptcy counsel is Pachulski Stang Ziehl & Jones LLP.

Plan Status – No plan filed with petitions

First Day Hearing – A first day hearing has been scheduled for January 18, 2023, at 10:30 a.m. (ET).

Bankruptcy Documents  –

• Lead Case Petition
• First Day Affidavit / Declaration
• First Day Hearing Agenda

Please do not hesitate to contact any member of the Morris Nichols Bankruptcy & Restructuring Group if we can be of assistance.