Teletouch Communications Inc., along with its affiliate, Progressive Concepts, Inc., filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the District of Delaware on October 3, 2013. The debtor listed its assets of below $0.50 million and liabilities in the range of $1 million to $10 million. The largest unsecured creditors include American Express Travel Related Services Company, Inc., BDO Seidman, LLP, Bracewell & Giuliani LLP, Concussion Llp, Harbor Urban LLC, Stovall, Grandey & Allen, LLP and Windstream Holdings, Inc. John T. Carroll, III of Cozen O'Connor acted as legal counsel for the debtor.

Charles A Stanziale, Jr. of McCarter & English, LLP acted as case trustee.