Avaya Inc., along with its 17 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on January 19, 2017. The debtor listed its assets of $4.31 billion and liabilities of $7.71 billion. The debtor employed Jonathan S. Henes of Kirkland & Ellis LLP, Patterson Belknap Webb & Tyler LLP and Wilson Sonsini Goodrich & Rosati, Professional Corporation as legal advisors, Centerview Partners LLC and Houlihan Lokey, Inc. (NYSE:HLI) as financial advisors, Zolfo Cooper LLC as restructuring advisor, Prime Clerk LLC as information agent, PricewaterhouseCoopers LLP as auditor, KPMG LLP as tax and accountancy advisor, Grant Thorton LLP as Tax Compliance and Tax and Accounting Advisor and The Siegfried Group, LLP as accountancy advisor and financial consultant for the transaction.