Adelphia liquidating trust
Ziehl has been a managing partner of the firm since it was founded in 1983, overseeing its growth into the nation’s largest law firm specializing in insolvency matters. District Court for the Central District of California. Ziehl has long held an “AV Preeminent Peer Rating,” ); and was selected by Best Lawyers in America for his work in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law as well as Litigation—Bankruptcy.Admitted to the bar in both California and New York, he has a national bankruptcy and litigation practice, specializing in complex bankruptcy proceedings and business litigation, with significant trial experience in both state and federal courts. Ziehl has represented debtors, creditor committees, bondholders, trustees, examiners, and equity holders in many of the firm’s most notable engagements, including the high-profile chapter 11 cases of Lehman Brothers, Adelphia Communications, American Suzuki Motor Corporation and TK Holdings (Takata), as well as numerous out-of-court workouts. from Loyola Law School of Los Angeles, where he was a member of the Following law school, he clerked for the Hon.
In the opinion of the Trustees, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the interim unaudited condensed financial statements have been included.
Pursuant to the Plan, in addition to the Causes of Action, Adelphia transferred million in cash to the ART, in connection with its formation, in order to fund the initial expenses of operation. Quest and Adelphia together have agreed to provide certain administrative services to the ART.
In order to facilitate the provision of such administrative services, the ART has appointed Quest as the trust administrator of the ART (in such capacity, the “ The accompanying interim unaudited condensed financial statements of the ART have been prepared in accordance with generally accepted accounting principles in the United States of America for interim periods (“ ”) and with the instructions to Form 10-Q.
Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
”), according to the relative priorities established pursuant to the Plan, subject to the retention of various amounts to fund the prosecution of those Causes of Action and operations of the ART.
PHILADELPHIA—A bankruptcy judge has declined to throw out a massive lawsuit brought by unsecured creditors and shareholders of Adelphia Communications Corp. But many claims survive in a case that threatens detailed examination of allegations that some of the biggest U. banks looked the other way while the Rigases stripped Adelphia of value, in order to hold on to lucrative investment-banking fees.