IT Co. TPx Communications Hits Ch. 11 With $1.1B In Debt

By Ben Zigterman · June 29, 2026, 11:55 AM EDT

Information technology services provider TPx Communications filed for Chapter 11 protection Monday in a Texas bankruptcy court with a restructuring support agreement backed by the holders of the majority of its...

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Bankruptcy Scorecard

Summary

An IT service provider filed for Chapter 11 to try to find a buyer of its operations or pivot to a plan that would swap nearly all of its debt for equity if it does not get a high enough bid.

Case Number

4:26-bk-90625

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Documents

Case Information

Case Title

U.S. TelePacific Corp.

Case Number

4:26-bk-90625

Court

Texas Southern

Nature of Suit

Date Filed

June 28, 2026