TranSwitch Corporation filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the District of Connecticut on November 21, 2013. The debtor listed its assets of $3.55 million and its liabilities of $17.25 million. The largest unsecured lenders include Brite Semiconductor Hong Kong LTD, eSilicon Corporation, Inde-Systems India Pvt Ltd, KPMG LLP, Marcum LLP, Maxim Group, LLC, Pierce Atwood LLP, Robert D Scinto Inc and Synopsys Inc. The debtor is represented by Stephen B. Selbst of Herrick, Feinstein LLP as its legal advisor.
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2015 | Motion for Asset Sale Approved for TranSwitch Corp. | CI |
2014 | OPTi Technologies, Inc. completed the acquisition of IC business from TranSwitch Corp. (OTCPK:TXCC.Q). | CI |
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