Xtera Communications, Inc. filed a motion in the US Bankruptcy Court seeking the conversion of its bankruptcy case from Chapter 11 reorganization to Chapter 7 liquidation on February 13, 2017. The debtor states that it has completed the sale of substantially all of its assets and believes that it does not have sufficient funds to propose or confirm a plan of reorganization for the case. Based on these circumstances, the Debtor requests that the Court grant the Motion to convert these cases as soon as possible.