Fiber Co. Everstream Gets $385M Bid In Robust Ch. 11 Auction

By Yun Park · July 25, 2025, 5:22 PM EDT

Everstream Solutions LLC, a business fiber network provider, has asked a Texas bankruptcy judge to approve the sale of its assets to Bluebird MidWest LLC, which submitted the winning $384.6 million...

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Bankruptcy Scorecard

Summary

Everstream, a fiber-optic network that provides internet services to businesses in 13 states in the Midwest and Northeast, filed for Chapter 11 with at least $1 billion in liabilities and a $285 million stalking horse offer.

Case Number

4:25-bk-90144

Judge

Christopher M. Lopez

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

Everstream Solutions LLC

Case Number

4:25-bk-90144

Court

Texas Southern

Nature of Suit

Date Filed

May 28, 2025