Topic: Chapter 11 bankruptcy
Uniti Group and Windstream Holdings are getting down to the brass tacks of resolving a lease that is crucial to both companies' fortunes.
In the latest cycle of Windstream Holdings bankruptcy proceedings, creditors asked a judge to order Windstream to stop making lease payments to Uniti.
A federal judge in the U.S. Bankruptcy Court in the Southern District of New York has ruled that Charter Communications has to pay for letters that will be sent to Windstream subscribers.
A bankruptcy judge granted Windstream a temporary restraining order against Charter Communications over an ad campaign that targeted its customers.
According to a federal lawsuit filed on Friday, Windstream Holdings is alleging that Charter Communications launched a "scare-tactic campaign" to win over its subscribers.
Windstream Holdings took the plunge into voluntary Chapter 11 bankruptcy on Monday after a legal setback earlier this month.
Avaya has completed its debt restructuring process and has emerged from Chapter 11 protection.
Avaya has gotten court approval from the U.S. Bankruptcy Court for its second amended Chapter 11 restructuring plan.
Avaya has named Nikos Nikolopoulos its new senior VP for corporate strategy, corporate development and marketing.
Avaya has secured a $2.9 billion senior secured term loan as part of its process to emerge from Chapter 11 protection.