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Adelphia Creditors Must Kiss Off $149M Clawback

By Matt Chiappardi (May 7, 2014, 6:09 PM EDT) -- A New York bankruptcy judge found Tuesday that defunct cable company Adelphia Communications Corp. was indeed solvent at the time of a 1999 stock buyback from energy holdings firm FPL Group Inc., and that the creditors' recovery trust thus can't claw back the $149 million from the transaction....

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