GTT Communications, Inc., along with its nine affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on October 31, 2021. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Ira S. Dizengoff of Akin, Gump, Strauss, Hauer & Feld, LLP as its legal counsel. The debtor also hired TRS Advisors as investment banker. Brian J. Fox of Alvarez & Marsal, LLC acted as chief restructuring officer and Prime Clerk, LLC acted as notice, claims and balloting agent.