Katerra Commences U.S. Court-Supervised Process to Implement Financial Restructuring
Katerra
Houston, June 6, 2021 — Katerra, a technology-enabled construction company, announced today that the company and certain of its U.S. and Cayman Island entities have voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, as the company takes steps to conduct a marketing and sale process to maximize value for its stakeholders.