Charter Lenders Balking At Restructuring Plan > All i can say is WOW

reply to hayabusa3303

Re: All i can say is WOW

In a filing with the U.S. Bankruptcy Court for the Southern District of New York on Thursday, the U.S. Trustee said the Charter's disclosure statement is "deficient" and "fails to contain adequate information."

The U.S. Trustee, calling for a change of language in the plan, said Charter did not explain the grounds for releasing its directors, financial advisers, former officers, attorneys, employees and other parties from liability.