ARTICLE / OTHER
Exceeding Client Objectives for a Consensual Resolution to Complex Bankruptcy Proceedings
October 2, 2020
Read time: 2 min
Overview
After years of selling services at a loss to grow its customer base, Agera Energy—a retail electricity and natural gas provider for commercial, industrial and residential customers in 16 states—realized its business was no longer viable. The company decided to file for chapter 11 bankruptcy protection after evaluating strategic alternatives.