Adelphia Lenders Can Depose Rigas, Son: Judge

Law360, New York (July 24, 2009, 12:36 PM EDT) -- Dozens of banks facing fraud allegations from creditors of Adelphia Communications Corp. will get access to John Rigas, founder of the bankrupt telecommunications giant, and his son, who are currently serving jail time for securities fraud, a federal judge has ruled.

Magistrate Judge Ronald L. Ellis granted the defendants leave to depose Rigas and his son, Timothy, in an order handed down on Thursday in the U.S. District Court for the Southern District of New York.

Although Judge Ellis denied the creditors’ request for protection from...
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