Banks Say: Liquidate Adelphia

Farrell, Mike
September 2006
Multichannel News;9/4/2006, Vol. 27 Issue 35, p28
The article reports on a request made by a group of creditors to the U.S. Bankruptcy Court for the Southern District of New York to force the liquidation of Adelphia Communications Corp. The banks which are insisting for the liquidation include Bank of New York, PNC Bank and Wachovia. A tentative agreement of Adelphia with some bondholders for a new reorganization plan was criticized by the creditors.


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