Legal Opinion
Adelphia Recovery Trust v. FPL Group, Inc. (In re Adelphia Communications Corp.)
United States Bankruptcy Court, S.D. New York
Decided May 6, 2014No. Case No. 02-41729 (REG); Adv. Pro. No. 04-03295 (REG) (Jointly Administered)PublishedCited by 44 opinions
1Opinion of the Court
Chapter 11
DECISION AFTER TRIAL 1
ROBERT E. GERBER, UNITED STATES BANKRUPTCY JUDGE:
TABLE OF CONTENTS
Introduction... 452
*451Findings of Fact... 453
I. Background... 453
A. Adelphia/FPL Partnership... 453
B. FPL’s Additional Adelphia Stock Acquisitions ... 454
II. Interdependence of Adelphia/FPL 1999 Transactions ... 455
A. Underlying Factual Findings re Interdependence ... 455
1. The Letter Agreement... 455
2. Board Approval and Press Release ... 457
3. The Stock Repurchase... 459
4. The Olympus Redemption... 460
5. FPL’s SEC Filings... 460
B. My Factual Conclusions re Interdependence ... 461
III. Solvency,…
2Cases cited37 opinions
- United States v. RigasCourt of Appeals for the Second Circuit · 2009
- Teachers Insurance & Annuity Ass'n of America v. Tribune Co.District Court, S.D. New York · 1987
- United States v. RigasCourt of Appeals for the Second Circuit · 2007
- HBE Leasing Corp. v. FrankCourt of Appeals for the Second Circuit · 1995
- In Re Roblin Industries, Inc., Debtor. William E. Lawson, Trustee, in Bankruptcy of Roblin Industries, Inc. v. Ford Motor CompanyCourt of Appeals for the Second Circuit · 1996
32 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Fairfield Sentry Ltd. v. Theodoor GGC Amsterdam (In re Fairfield Sentry Ltd.)United States Bankruptcy Court, S.D. New York · 2018
- In re Sabine Oil & Gas Corp.United States Bankruptcy Court, S.D. New York · 2016
- 45 John Lofts LLC v. MERIDIAN CAPITAL GROUP LLCUnited States Bankruptcy Court, S.D. New York · 2023
- Craig Jalbert, in his Capacity as Trustee for F2 L v. AghababianUnited States Bankruptcy Court, D. Delaware · 2019
- Craig Jalbert, in his Capacity as Trustee for F2 L v. ChuUnited States Bankruptcy Court, D. Delaware · 2019
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