May 2007
CED;May2007, Vol. 33 Issue 5, p16
Trade Publication
The article reports on the ruling by the U.S. District Court in New York against a group of bondholders of Adelphia Communications Corp. who were fighting for a $250 million increase in what they were scheduled to get under the company's reorganization plan. The appeal made by the bondholders were dismissed by Judge Shira A. Scheindlin on the grounds that such appeal was arguable. Adelphia's reorganization plan includes the sale of its cable properties to Time Warner Cable and Comcast Corp.


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