Office Properties Income Trust (OPI) has filed for Chapter 11 bankruptcy, initiating a court-supervised financial restructuring process. The filing, which includes a Restructuring Support Agreement with certain creditors, aims to address significant liquidity issues and outstanding debts. As of the Petition Date, OPI reported liabilities exceeding $2.6 billion, raising concerns about its ability to continue as a going concern. The company is currently operating as a debtor-in-possession, with plans to restructure its debt obligations and capital structure.

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