Daily Archives: August 15, 2017


Crossroads Files Chapter 11

AUSTIN, Texas, Aug. 14, 2017 /PRNewswire/ — Crossroads Systems, Inc., (NASDAQ: CRDS) today announced that it has filed a case under Chapter 11 of the Bankruptcy Code and a prepackaged Chapter 11 plan of reorganization (“Plan”) that has been accepted by the holders of more than 2/3 of the Preferred Shares of CRDS.  In connection with the filing, the…