Diebold Holding Company, 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 Texas on June 1, 2023. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Matthew D. Cavenaugh, Victoria Nicole Argeroplos and Kristhy M Peguero of Jackson Walker LLP and Jones Day as its legal counsels.

The debtor also hired Ducera Partners LLC and FTI Consulting, Inc. as its financial advisors. Benjamin J. Steele of Kroll Restructuring Administration, LLC has appointed as its notice and claims agent.