Charter Says Ch. 11 Plan OK'd

Law360, New York (October 16, 2009, 12:54 PM EDT) -- The judge overseeing Charter Communications Inc.'s Chapter 11 proceedings has given his blessing to the cable provider's reorganization plan and said he would issue an order confirming the plan in the next few weeks, according to the company.

Judge James Peck of the U.S. District Court for the Southern District of New York indicated that he would confirm the plan at a status conference on Thursday. Charter said it expected to emerge from bankruptcy shortly after the judge issued the confirmation order.

“The court’s bench ruling...
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