US Bankruptcy Tracker: Mitel Unit Among Big Filings Last Week

Business communication firm MLN US Holdco LLC was one of two large bankruptcy filings last week, according to data compiled by Bloomberg. Company affiliate, Mitel Networks, filed bankruptcy in Canada as part of a plant to slash debt and reorganize.

• Landmark Holdings of Florida LLC, a health-care supply-chain company, was the other company that filed a Chapter 11 case bankruptcy for the week ending March 15 with at least $50 million of liabilities.
• US courts saw 35 large bankruptcy filings this year as of March 9, compared with 35 during the same period last year and 47 in ...