In re ADELPHIA COMMUNICATIONS CORP., et al., Debtors.
The Bank of New York, et al., Plaintiffs,
v.
Adelphia Communications Corp., et al., Defendants.
United States Bankruptcy Court, S.D. New York.https://leagle.com/images/logo.png
April 12, 2004.
April 12, 2004.
Attorney(s) appearing for the Case
Stroock & Stroock & Lavan LLP by Michael J. Sage (argued), Curtis C. Mechling, Daniel A. Ross, Gerald C. Bender, New York, NY, for plaintiff Ad Hoc Committee of Subordinated Noteholders.
Dechert LLP, by Glenn E. Siegel, Charles I. Poret (argued), New York, NY, for plaintiff The Bank of New York, as Indenture Trustee for Subordinated Notes.
Willkie, Farr & Gallagher LLP by Myron Trepper, Marc Abrams (argued), Roger Netzer, New York, NY, for defendant Debtors.
Seward & Kissel LLP by Bruce G. Paulsen (argued), Arlene R. Alves, New York, NY, for intervenor defendant Law Debenture Trust Company of New York as Indenture Trustee for the Senior Debt.
Kasowitz, Benson, Torres & Friedman, LLP by David M. Friedman (argued), Adam L. Shiff, Andrew K. Glenn, New York, NY, for intervenor Official Committee of Unsecured Creditors.
Bragar, Wexler, Eagel & Morgenstern, LLP by Mark R. Jacobs, New York, NY, for the Official Committee of Equity Security Holders.
Haynes and Boone, LLP by Robin E. Phelan, Debra J. McComas, Dallas, TX, for Bank of America.
Simpson, Thacher & Bartlett, LLP by William T. Russell, Jr., New York, NY, for Wachovia Bank, N.A.
Chadbourne & Parke, LLP by Andrew P. Brozman, New York, NY, for Credit Lyonnais.
Kirkland & Ellis LLP by Edward O. Sassower, New York, NY, for Ad Hoc Committee of Non-Agent Secured Lenders.
Andrews & Kurth, LLP by Justin Wyatt, New York, NY, for Ad Hoc Committee of Preferred Shareholders.
Dilworth Paxson, LLP by Lawrence G. McMichael, Philadelphia, PA, for the Rigas Family.
United States Bankruptcy Court, S.D. New York.
DECISION ON MOTIONS TO DISMISS FOR LACK OF SUBJECT MATTER JURISDICTION
ROBERT E. GERBER, Bankruptcy Judge.
In this adversary proceeding under the umbrella of a case under chapter 11 of the Bankruptcy Code, holders of approximately $665 million principal amount1 of the subordinated debt ("Sub Debt") issued by debtor Adelphia Communications Corporation (joined by the Sub Debt indenture trustee) seek a declaratory judgment...
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