Regent Communications Disclosure Statement Gets OK

Law360, New York (March 22, 2010, 4:30 PM EDT) -- Regent Communications Inc. got a green light to start soliciting support for its Chapter 11 plan Monday when the judge overseeing the radio broadcasting company's Chapter 11 proceedings approved its disclosure statement.

Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware signed off on an order holding that the disclosure statement contained adequate information. Regent filed an amended Chapter 11 plan and disclosure statement Monday as well.

A plan confirmation hearing is slated for April 9.

The disclosure statement had drawn an...
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