Advisors Step In to Steer the Rescue
The debtors have tapped Getzler Henrich LLP as their financial advisor, signaling an attempt to stabilize operations while charting a restructuring path. Legal representation for the entities will be led by John E. Jureller Jr. of Klestadt Winters Jureller Southard & Stevens LLP, a firm experienced in complex bankruptcy cases.
While Carriox Capital itself has yet to issue a public statement, industry observers view the collapse as another cautionary tale in the high-risk world of telecom infrastructure financing, where tight margins and delayed payments can send even the most structured firms into free fall.
The Chapter 11 filings mark the latest chapter in a deepening saga that could reshape financing flows within the U.S. telecommunications sector.
