Recent News


It’s an exciting day. As we emerge from re-organization, we do so after a thorough evaluation of our strengths to determine what differentiates Phoenix from the rest.

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Phoenix Services LLC (the “Company” or “Phoenix”), a premier provider of mission-critical services to leading, global steel producing companies, today announced that it has successfully completed its financial restructuring process and has emerged as a reorganized company from its chapter 11 case after only nine months. Phoenix’s chapter 11 plan and the transactions contemplated thereunder were supported by the Company’s lenders, who provided $45 million in new-money exit financing to support the operations going forward.

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