Judge Won't Give Idearc Creditors Jury Trial In $9.9B Suit

Law360, Dallas (June 7, 2013, 9:44 PM EDT) -- A Texas federal judge Wednesday rejected an attempt by creditors for the bankrupt former phone directory company Idearc Inc. to secure a jury trial for their challenge to the value of the company at the time of its $9.9 billion spinoff from Verizon Communications Inc.

U.S. Bank NA, litigation trustee for Idearc’s creditors, on Monday filed a motion asking U.S. District Judge Joe A. Fish to amend an earlier decision that struck the creditors’ jury demand or to certify the ruling so the creditors could immediately...
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