Financial Personal
Sandvine Announces Comprehensive Restructuring Transaction as Part of Ongoing Business Realignment
WATERLOO, Ontario — Sandvine Corporation and certain of its affiliates and subsidiaries (“ Sandvine” or the “ Company”) today announced that it has commenced proceedings under the Companies’ Creditors Arrangement Act (“ CCAA”) in the Ontario Su
WATERLOO, Ontario -- Sandvine Corporation and certain of its affiliates and subsidiaries (“ Sandvine” or the “ Company”) today announced that it has commenced proceedings under the Companies’ Creditors Arrangement Act (“ CCAA”) in the Ontario Superior Court of Justice (Commercial List) and is in the process of commencing a companion recognition proceeding under Chapter 15 of Title 11 of the United States Code (“ Chapter 15”) in the United States Bankruptcy Court for the Northern District of Texas (Dallas Division) in order to implement a comprehensive restructuring transaction. Read More
