Chrysler LLC asked court permission to cancel 789 car dealership agreements, many in the suburbs of major U.S. cities, a step it called critical to its future. The company wants to break contracts with about a quarter of its estimated ...
Read More »Charter wins permission to pay pre-bankruptcy fees
St. Louis-based Charter Communications Inc. won court permission to pay pre-bankruptcy fees owed to business partners and use its lenders’ cash collateral after a judge said unsecured creditors will be paid in full. U.S. Bankruptcy Judge James Peck in Manhattan ...
Tagged with: Bankruptcy Charter Communications JPMorgan Chase & Co. Judge James Peck pre-bankruptcy fees
Read More »Charter seeks to dismiss JPMorgan lawsuit
Charter Communications will seek to dismiss a lawsuit brought by JPMorgan Chase & Co., an agent to some lenders, over whether the cable company can “reinstate” $11.8 billion in debt in its bankruptcy. U.S. Bankruptcy Judge James Peck in Manhattan ...
Tagged with: Bankruptcy charter Charter Communications JPMorgan Chase & Co. Paul Allen
Read More »Charter’s bankruptcy cedes Allen’s control, JPMorgan says
Charter Communications’s bankruptcy will shift control from Chairman Paul Allen, prompting a default under an $8.5 billion loan and making the company’s reorganization untenable, JPMorgan Chase & Co. said. Charter, the fourth-largest U.S. cable company, filed for bankruptcy last week ...
Tagged with: Bankruptcy Charter Communications James Peck JP Morgan Chase & Co. Paul Allen Paul Basta Peter Pantaleo
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