Law360, New York (June 17, 2009) -- As dozens of banks face fraud claims from creditors of Adelphia Communications Corp. over their hand in the company's demise, Goldman Sachs & Co. has convinced a federal court to have creditors revise their claims on payments Goldman received from Adelphia.
Urged to reconsider a May decision upholding allegations the banks intentionally structured ruinous co-borrowing facilities for Adelphia, Judge Lawrence McKenna of the U.S. District Court for the Southern District of...
