ADELPHIA COMMUNICATIONS CORPORATION

Adelphia Communications Corporation Announces Distribution

Retrieved on: 
Thursday, December 3, 2020

GREENWOOD VILLAGE, Colo., Dec. 3, 2020 /PRNewswire/ -- Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $43.5 million in cash payable on or about December 17, 2020to holders of Allowed Claims against the parent Adelphia Communications Corporation pursuant to the First Modified Fifth Amended Joint Chapter 11 Plan of Reorganization of Adelphia Communications Corporation and Certain Affiliated Debtors, dated as of January 3, 2007, as Confirmed (the "Plan").

Key Points: 
  • GREENWOOD VILLAGE, Colo., Dec. 3, 2020 /PRNewswire/ -- Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $43.5 million in cash payable on or about December 17, 2020to holders of Allowed Claims against the parent Adelphia Communications Corporation pursuant to the First Modified Fifth Amended Joint Chapter 11 Plan of Reorganization of Adelphia Communications Corporation and Certain Affiliated Debtors, dated as of January 3, 2007, as Confirmed (the "Plan").
  • ACC has established a Record Date for purposes of this distribution of December 10, 2020.
  • Adelphia Communications Corporation continues under the management of Development Specialists, Inc., the Plan Administrator, to liquidate its assets and administer its plan of reorganization.
  • Prior to the sale of substantially all of the consolidated assets of Adelphia to Time Warner NY Cable LLC and Comcast Corporation on July 31, 2006, Adelphia Communications Corporation was the fifth largest cable television company in the country.

Adelphia Communications Corporation and the CVV Trustees Announce Appointment of Successor Administrator

Retrieved on: 
Wednesday, July 24, 2019

GREENWOOD VILLAGE, Colo., July 24, 2019 /PRNewswire/ --Adelphia Communications Corporation and the CVV Trustees announced today thatThomas P. Jeremiassen of Development Specialists, Inc. has been appointed to serve as successor Plan Administrator effective July 24, 2019.

Key Points: 
  • GREENWOOD VILLAGE, Colo., July 24, 2019 /PRNewswire/ --Adelphia Communications Corporation and the CVV Trustees announced today thatThomas P. Jeremiassen of Development Specialists, Inc. has been appointed to serve as successor Plan Administrator effective July 24, 2019.
  • Adelphia Communications Corporation continues under the management Development Specialists, Inc., the Plan Administrator, to liquidate its assets and administer its plan of reorganization.
  • Prior to the sale of substantially all of the consolidated assets of Adelphia to Time Warner NY Cable LLC and Comcast Corporation on July 31, 2006, Adelphia Communications Corporation was the fifth largest cable television company in the country.
  • Such forward-looking statements are inherently uncertain, and readers must recognize that actual results may differ materially from the Company's expectations.

Adelphia Announces Distribution

Retrieved on: 
Wednesday, July 10, 2019

GREENWOOD VILLAGE, Colo., July 10, 2019 /PRNewswire/ -- Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $5 million in cash payable on or about July 24, 2019to holders of Allowed Claims against the parent Adelphia Communications Corporation pursuant to the First Modified Fifth Amended Joint Chapter 11 Plan of Reorganization of Adelphia Communications Corporation and Certain Affiliated Debtors, dated as of January 3, 2007, as Confirmed (the "Plan").

Key Points: 
  • GREENWOOD VILLAGE, Colo., July 10, 2019 /PRNewswire/ -- Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $5 million in cash payable on or about July 24, 2019to holders of Allowed Claims against the parent Adelphia Communications Corporation pursuant to the First Modified Fifth Amended Joint Chapter 11 Plan of Reorganization of Adelphia Communications Corporation and Certain Affiliated Debtors, dated as of January 3, 2007, as Confirmed (the "Plan").
  • ACC has established a Record Date for purposes of this distribution of July 17, 2019.
  • Adelphia Communications Corporation continues under the management of Quest Turnaround Advisors, LLC, the Plan Administrator, to liquidate its assets and administer its plan of reorganization.
  • Prior to the sale of substantially all of the consolidated assets of Adelphia to Time Warner NY Cable LLC and Comcast Corporation on July 31, 2006, Adelphia Communications Corporation was the fifth largest cable television company in the country.