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Tag Archives: Charter Communications

Charter concludes ‘most complex prearranged bankruptcy ever’

St. Louis-based Charter Communications has obtained formal approval for its hotly contested reorganization plan when the bankruptcy judge signed a confirmation order and wrote an 82-page opinion giving his reasons in detail. U.S. Bankruptcy Judge James M. Peck called Charter’s ...

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Charter cable lawyers bill $13.6M

St. Louis-based Charter Communications is getting ready to pull out of bankruptcy, but not before paying more than $13.6 million to the lawyers who’ve worked on the case. Topping the list is lead counsel Kirkland & Ellis, which in August ...

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Charter Communications reorganization plan approved by judge

Charter Communications Inc., the bankrupt cable operator, won a judge’s approval of its plan to reorganize by reinstating $11.8 billion in debt. U.S. Bankruptcy Judge James Peck in Manhattan last week approved the fourth-biggest U.S. cable company’s Chapter 11 plan ...

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Charter investors not vying for control

St. Louis-based Charter Communications Inc.’s four largest investors in a $1.6 billion rights offering didn’t do a “club deal” to take control of the bankrupt cable company, a senior partner at Apollo Management testified. Eric Zinterhofer said Tuesday in U.S. ...

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Charter bankruptcy takeover plan criticized

St. Louis-based Charter Communications Inc.’s bankruptcy plan should be rejected because it lets Apollo Global Management and other hedge funds take control using bank lenders’ money, a lawyer for JPMorgan Chase & Co. said. JPMorgan attorney Peter Pantaleo read excerpts ...

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Bankrupcty plan draws SEC fire

Charter Communications Inc.’s bankruptcy plan shouldn’t be approved because it would bar lawsuits against the cable company’s officers and directors, the U.S. Securities and Exchange Commission told a bankruptcy court. The agency added its objection Monday to others filed under ...

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