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Charter Defeats Lenders at Trial Over $11 Billion in Debt, Clearing the Way for Reorganization Plan
After a complex 19-day trial before Manhattan federal bankruptcy court Judge James Peck, Charter Communications has won the right to maintain favorable terms on $11 billion in secured debt that its lenders had sought to refinance. Peck's ruling should clear the way for the cable company to emerge from Chapter 11 in the next several weeks. Peck took time at the end of the trial to praise the lawyers involved in the bet-the-company litigation: "I don't believe that I have presided over a more expertly tried case ever."Gulf Insurance Co. v. Transatlantic Reinsurance Co.
Access to Records Contract Provision Does Not Waive Attorney-Client PrivilegeTwo Big Law Firms Eye Windy City
Ropes & Gray and Proskauer Rose may be setting up shop in Chicago next year in an effort to bring their private equity practices to a new market. The two firms have developed extensive practices in the private equity area, helping clients create such funds, invest in them and pursue various fund-related transactions, including mergers and acquisitions. "Firms view Chicago as an interesting market because there's a lot of private equity funds," says Madison Dearborn Partners GC Mark Tresnowski.Same-Sex Partner Denied Visitation
AN APPELLATE court last week overturned the first ruling in New York to grant child visitation rights in a same-sex partnership.Trending Stories
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