Law360, New York (April 6, 2006, 12:00 AM EDT) -- Fearing a delay to its exit from bankruptcy, Adelphia Communications Corp. is trying to intervene in creditor disputes that have haunted its Chapter 11 proceedings and are currently jeopardizing approval of the cable giant’s reorganization plan.
Adelphia filed the request in U.S. District Court for the Southern District of New York this week, arguing that its involvement was necessary due to the “critical stage” of the bankruptcy.
Adelphia has been parked in Chapter 11 since 2002, following a massive accounting fraud scandal allegedly engineered by disgraced...
Adelphia Begs Court To Allow Intervention
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