Adelphia Family Gets More Cash For Legal Fees

Law360, New York (September 12, 2006, 12:00 AM EDT) -- Three weeks after being granted $600,000 from a company insurance policy to pay mounting legal fees, two members of the founding family of Adelphia Communications Corp. have been handed a second infusion of cash to help cover defense costs related to their civil fraud case.

On Tuesday, Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York gave the green light for Adelphia’s insurer to advance an additional $300,000 each in insurance proceeds to James P. Rigas and Michael J....
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