FairPoint Enters Ch. 11 After Striking Deal With Lenders
The company filed the petition in the U.S. Bankruptcy Court for the Southern District of New York, listing more than $1 billion each in assets and liabilities. The filing includes all its subsidiaries.
Charlottesville, N.C.-based FairPoint said in a statement Monday that it planned to “promptly” file a reorganization plan that reflects a deal it has...
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