Charge Enterprises, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on March 7, 2024. The debtor listed its assets in the range of $100 million to $500 million and liabilities in the range of $50 million to $100 million. The debtor is represented by Sarah Silveira and Ian J Bambrick of Faegre Drinker Biddle & Reath LLP as finance, restructuring, and bankruptcy counsel.

The debtor also hired Piper Sandler & Co. and Berkeley Research Group, LLC as investment banker and financial adviser, Squire Patton Boggs (US) LLP as special litigation counsel as special litigation counsel, and Epiq Corporate Restructuring, LLC as the notice, claims, solicitation, balloting, and administrative agent.