JPMorgan Wants Adelphia's Chapter 11 Plan Clarified

Law360, New York (November 3, 2006, 12:00 AM EST) -- JPMorgan Chase Bank NA has filed a statement telling the federal bankruptcy court overseeing Adelphia Communications Corp.’s Chapter 11 case that Adelphia’s reorganization plan must be clarified.

In court papers signed Thursday, JPMorgan asked U.S. Bankruptcy Judge Robert E. Gerber to confirm Adelphia’s Chapter 11 plan with revisions reflecting a stipulation JPMorgan entered into when it dropped its opposition to the sale of Adelphia to Time-Warner/Comcast.

JPMorgan’s request for a confirmation order consistent with the stipulation is contingent on so-called FrontierVision lenders voting to accept the...
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