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Topic: Adelphia Communications Corporation


  
  Adelphia Communications Corporation, John J. Rigas, Timothy J. Rigas, Michael J. Rigas, James P. Rigas, James R. ...
Adelphia Communications Corporation, John J. Rigas, Timothy J. Rigas, Michael J. Rigas, James P. Rigas, James R. Brown, and Michael C. Mulcahey: Lit.
Adelphia Communications Corporation, John J. Rigas, Timothy J. Rigas, Michael J. Rigas, James P. Rigas, James R. Brown, and Michael C. Mulcahey, 02 Civ.
J. Rigas founded Adelphia in 1952 and was its CEO and Chairman of Adelphia's Board of Directors until May 15, 2002 when he resigned pursuant to a request by the Special Committee created by Adelphia's Board of Directors.
www.sec.gov /litigation/litreleases/lr17627.htm   (589 words)

  
 Complaint: SEC v. Adelphia Communications Corporation, John J. Rigas, Timothy J. Rigas, Michael J. Rigas, James P. ...
Adelphia used a portion of the proceeds of approximately $145,000[,000] from this direct placement to repay borrowings under revolving credit facilities of its subsidiaries, which may be reborrowed and used for general corporate purposes." Adelphia's Form 10-Q quarterly reports for quarters ended June 30 and September 30, 2000 contained virtually identical misrepresentations.
Adelphia had excluded substantial liabilities from its 1999 and 2000 fiscal year balance sheets and either never performed the calculations, or manipulated the result of the calculations, to show that Adelphia was in compliance when it was not.
Adelphia's representations concerning its compliance with financial covenants and related financial ratio requirements were also misleading because Adelphia was not in compliance with the leverage ratios in its public indentures throughout 2001.
www.sec.gov /litigation/complaints/complr17627.htm   (11125 words)

  
 [No title]
Adelphia began to upgrade the capabilities of its cable plant to keep up with the evolution of technology.
Adelphia proposed to use $480 million of the revolving credit facility to repay existing bank loans, and the reminder for new plant upgrades.
However, since Adelphia seems to be viewed by the loan officer as one of the weaker cable companies in the industry, Adelphia may not be able to obtain the debt financing that it needs to move forward.
www2.hawaii.edu /~juliev/Adelphia.doc   (411 words)

  
 Adelphia Communications Corporation :: Adelphia & Government Reach Tentative Settlement
Adelphia obtains the overwhelming majority of the managed entities and substantial value is made available to reimburse victims of the fraud perpetrated by Adelphia's prior management.
Adelphia has also agreed to customary terms involving future cooperation with the United States Attorney and the Securities and Exchange Commission, and to a consent decree requiring future compliance with securities laws.
Adelphia Communications Corporation is the fifth-largest cable television company in the country.
sev.prnewswire.com /entertainment/20050426/LAM11025042005-1.html   (714 words)

  
 Adelphia Communications - Buy Telco
Adelphia Communications provides the latest cutting edge voice, video, and data packages to more than 5.5 million subscribers in communities across the United States.
Adelphia Communications Internet is one of the company's most popular services.
The Adelphia Communications infrastructure was designed to meet the specific needs of residential customers in an efficient and cost-effective manner.
www.btcpl.net /networkApplications.asp?ID=453   (171 words)

  
 [No title]
Additionally, she explains that even if she could "simply exchange" the modem info that I would still be unable to use the new cable modem for at least 48 hours while the database updates.
She tells me that all I can do is visit the local Adelphia office (45 minutes away from my home) and have them provision the new modem and turn in the old one.
I strongly encourage Adelphia to fix these process issues because this promotion could cause a lot of dissatisfied customers to look into BellSouth's DSL that is now available in Adelphia's territory.
www.complaints.com /january2003/complaintoftheday.january26.12.htm   (634 words)

  
 Adelphia Communications Customer - Ciena
Adelphia Communications Corporation, a leading U.S. cable provider, has deployed Ciena's optical Ethernet platforms across western New York to interconnect 106 school districts serving 189,000 students with a wide range of applications for distance learning, including video conferencing and broadband data networking.
Adelphia has also deployed Ciena's optical Ethernet platforms in multiple cable systems across the country, including those in and around Cleveland, Colorado Springs, Colo., Waterbury, Conn., and West Palm Beach, Fla., to deliver video on demand (VOD), high-speed data and commercial services to Adelphia customers.
Adelphia first deployed Ciena equipment in its Los Angeles network in November 2003 with the initial roll-out of VOD in that market.
www.ciena.com /corporate/customers_overview_adelphia.htm   (194 words)

  
 [No title]
Adelphia Chairman and interim CEO Erland Kailbourne said, "We had hoped that we would not have to seek bankruptcy protection for Century and we took every reasonable step to resolve the situation without a filing.
If the deal is approved, Adelphia Business Solutions resale customers in BellSouth's nine-state region would be transitioned to BellSouth local and long distance service during a brief period beginning at the end of June, unless the customer switches to another provider before that period.
The Naming Agreement terminates at the later of 11:59 p.m., on February 14, 2014, or two weeks after the conclusion of the NFL season begun in 2013, unless it is terminated sooner in accordance with the terms of the Naming Agreement.
bankrupt.com /adelphia/adelphia7.txt   (5428 words)

  
 Adelphia Communications Lawsuit Attorney | Lawyer Adelphia Allegedly Hid Off-Balance Sheet Debt
Several class actions have been filed against Adelphia Communications Corporation (Nasdaq: ADLAC) and certain of its officers and directors by stockholders who purchased the company's common stock between April 2, 2001, and April 1, 2002.
Allegedly, Adelphia guaranteed credit facilities for certain closely-held partnerships, which are controlled by the Rigas family (the company's controlling shareholders), and which used the money, in substantial part, to purchase securities from Adelphia.
The company reported that the extension was being sought to allow Adelphia and its outside auditors additional time to review certain accounting matters relating to co-borrowing credit facilities to which Adelphia is a party.
www.lawcash.com /attorney/1548/adelphia-communications-lawsuit.asp   (719 words)

  
 John Rigas - Wikipedia, the free encyclopedia
John J. Rigas (born November 14, 1924 in Wellsville, New York) was one of the founders of Adelphia Communications Corporation, (Adelphia is the Greek word for Brothers), which at its peak was one of the largest cable companies in the United States.
The executives are accused of looting the corporation by concealing $2.3 billion in liabilities from corporate investors and of using corporation funds as their personal funds.
Adelphia Corporation was forced to file for bankruptcy after it acknowledged that the three Rigases had taken $3.1 billion in loans that were not recorded on the books.
en.wikipedia.org /wiki/John_Rigas   (584 words)

  
 Faruqi & Faruqi, LLP Announces Filing of Class Action Lawsuit Against Adelphia Communications Corporation -- ADLAC ...   (Site not responding. Last check: 2007-09-17)
Moreover, it was further disclosed that Adelphia guaranteed credit facilities for a closely-held partnership named Highland Holdings, which is controlled by Adelphia's controlling shareholder, the Rigas Family, and which used the money, in substantial part, to purchase securities from Adelphia.
Adelphia also revealed that it may be liable for $500 million in bank loans secured by Adelphia Business.
If you purchased Adelphia securities during the Class Period, you may, not later than June 3, 2002, move the court to serve as lead plaintiff of the class, if you so choose.
press.arrivenet.com /business/article.php/321565.html   (632 words)

  
 City Oxnard - Cable TV Franchise Agreements   (Site not responding. Last check: 2007-09-17)
The cable TV franchise agreements were prepared and adopted in accordance with the regulations of the Federal Communications Commission and Telecommunications Acts to provide cable TV services to the communities of both Oxnard and Port Hueneme.
Established by the Communications Act of l934, it is charged with regulating interstate and international communications by radio, television, wire, satellite, and cable.
The Oxnard Public Access Corporation is currently in the process of relocating from Oxnard Community College to Adelphia Communications.
www.ci.oxnard.ca.us /cabletv/cabletv.html   (518 words)

  
 Adelphia Communications Corporation :: Adelphia Files Amended Position Statements   (Site not responding. Last check: 2007-09-17)
Copies of the modified Fifth Amended Plan and related Second Disclosure Statement Supplement, including the amended forms of the positions statements to be annexed as Exhibit BB and Exhibit HH, are available in the investor relations section of the Adelphia corporate website http://www.adelphia.com/.
This press release is not intended to be, nor should it be construed as, a solicitation for a vote on the Fifth Amended Plan.
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 (the "Sale Transaction"), Adelphia Communications Corporation was the fifth largest cable television company in the country.
sev.prnewswire.com /computer-electronics/20060927/LAW10228092006-1.html   (225 words)

  
 Adelphia Communications Corporation Company Profile - News, Press Releases, Key Numbers & Summary   (Site not responding. Last check: 2007-09-17)
Adelphia's downfall is story of Rigas family crimes
Adelphia Announces Extension of Deadline of January 12, 2007 for the Occurrence of the Effective Date
Adelphia grew rapidly through acquisitions, but the Rigas family was forced to give up control of the company in 2002, and Adelphia filed for Chapter 11 bankruptcy protection that year.
www.smartbrief.com /news/iab/companyData.jsp?companyId=2523   (258 words)

  
 Abbey Gardy, LLP Commences Class Action Suit Against Adelphia Communications Corporation -- ADLAC : ArriveNet Press ...   (Site not responding. Last check: 2007-09-17)
The complaint charges Adelphia and certain of its officers and directors with issuing false and misleading statements concerning its business and financial condition.
The complaint also alleges that Adelphia guaranteed credit facilities for certain closely held partnerships, which are controlled by the Rigas Family (the Company's controlling shareholder), and which used the money, in substantial part, to purchase securities from Adelphia.
If you purchased or otherwise acquired Adelphia securities during the Class Period, and either lost money on the transaction or still hold the securities, you may wish to join in the action to serve as lead plaintiff.
press.arrivenet.com /business/article.php/321641.html   (654 words)

  
 Cybertelecom :: Mergers
On May 18, 2005, Adelphia Communications Corporation (“Adelphia”), Time Warner Inc. (“Time Warner”) and Comcast Corporation (“Comcast”) (collectively, “Applicants”) submitted joint applications to the Commission seeking consent to transfer control of and/or assign various Commission licenses and authorizations pursuant to Section 214 and 310(d) of the Communications Act of 1934.
The Adelphia transactions are not dependent on the occurrence of the additional system swaps and redemption transactions between Time Warner Cable and Comcast.
Finally, upon consummation of the Adelphia transactions, certain FCC licenses held by Adelphia will be assigned (or control transferred) to Comcast, its subsidiaries or affiliates, and other Adelphia FCC licenses will be assigned to subsidiaries or affiliates of Time Warner Cable.
www.cybertelecom.org /industry/adelphia_comcast.htm   (908 words)

  
 Comcast, Time Warner announce cash stock deal for Adelphia - Apr. 21, 2005
Adelphia filed for bankruptcy in June 2002, about a month before its founder, chairman and CEO John Rigas was arrested and charged with looting the company's assets for their personal use.
It is paying $9.2 billion in cash for the Adelphia assets in addition to issuing the stake in its cable unit, as well as paying $2.0 billion to Comcast for a stake it has held in Time Warner Cable.
They both said they expect Adelphia to lose some basic cable customers to satellite providers during the nine to 12 months it is expected to take to close the deal, due partly to the weaker product lineup Adelphia now offers.
money.cnn.com /2005/04/21/technology/adelphia   (1410 words)

  
 DH Capital News and Events
Since September 30, 2002, the joint venture between Adelphia and ML Media Partners that owns and operates the Puerto Rico systems has been under Chapter 11 bankruptcy protection, separately administered from the larger Chapter 11 bankruptcy of Adelphia Communications.
The closing of the transaction is expected to occur sometime in the fourth quarter of this year.
Adelphia Communications Corporation (OTC: ADELQ - News) is the fifth-largest cable television company in the country.
www.dhcapitalllc.com /cprmidocean.html   (901 words)

  
 [No title]
Section 11.35(a) of the Rules specifies that cable systems are responsible for ensuring that EAS encoders, EAS decoders and Attention Signal generating and receiving equipment used as part of the EAS are installed so that the monitoring and transmitting functions are available during the times the systems are in operation.
On June 27, 2002, Adelphia's cable system had no EAS equipment installed and operational, the cable system records showed no evidence of EAS tests conducted or received for the period February 2, 2000 to June 27, 2002, nor did the system record indicate EAS equipment had been removed from service for repair.2 4.
Based on the evidence before us, we find Adelphia Communications Corporation willfully3 and repeatedly4 violated Section 11.35(a) of the Rules by failing to have operational EAS equipment.
www.fcc.gov /eb/FieldNotices/2002/DOC-238194A1.html   (630 words)

  
 TelCove | Adelphia Communications Corporation and TelCove Announce Court Approval of Joint Settlements
Denver, CO; Canonsburg, PA (March 24, 2004) – Adelphia Communications Corporation (OTC: ADELQ) and TelCove announced today that the United States Bankruptcy Court for the Southern District of New York has approved a Master Reciprocal Settlement Agreement and a Global Settlement between the companies.
Payment of the $60 million requires modification of Adelphia’s cash management protocol and that modification must be approved by the Bankruptcy Court.
As such, they involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any results expressed or implied by such forward-looking statements.
www.telcove.com /press/pr032404.asp   (563 words)

  
 Press Release
Adelphia Communications Corporation (OTC: ADELQ) is the fifth-largest cable television company in the country.
ML Media Partners is a public limited partnership raised in 1986 to acquire, finance, hold, develop, improve, maintain, operate, lease, sell, exchange, dispose of and otherwise invest in and deal with media businesses and direct and indirect interests therein.
Many of these factors are outside of the Company’s control and with respect to the sale of Century/ML, the control of ML and the Company.
www.danielsonline.com /news/2005/adelphia-midocean.html   (1030 words)

  
 Comcast, Time Warner eye Adelphia assets - Sep. 27, 2004
"Comcast is in discussions with Time Warner to explore a potential acquisition of Adelphia Communications," a company spokesman said.
While it is not clear how much the joint venture would bid, the newspaper said experts estimate Adelphia could fetch as much as $17 billion.
Adelphia, the fifth largest cable company in the U.S. in terms of subscribers, owns cable systems in 31 states that serve 5.2 million subscribers, the newspaper reported.
money.cnn.com /2004/09/27/news/midcaps/adelphia/index.htm   (344 words)

  
 Adelphia Communications Corporation - Huge Fraud with John J. Rigas as President
This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of the company's logo.
John Rigas, founder of Adelphia Communications Corp., was indicted in September 2002 on charges of bank, wire, and securities fraud.
Prosecutors allege the executives hid $2.3 billion in liabilities from Adelphia investors and that the Rigases used company funds as their “personal piggy bank.” The company filed for bankruptcy protection in June, after it had acknowledged that the Rigases had been given $3.1 billion in off-the-balance-sheet loans.
www.scripophily.net /adcomcor.html   (674 words)

  
 Adelphia Communications Corporation Jobs - Employment Opportunities at Monster.com   (Site not responding. Last check: 2007-09-17)
Adelphia Communications Corporation Jobs - Employment Opportunities at Monster.com
Adelphia Communications Corporation owns and operates one of the nation’s largest broadband communications networks.
With corporate headquarters located in the beautiful mountains of North-Central Pennsylvania, Adelphia provides it’s employees an opportunity to work in a world-class telecommunications company that is warm, friendly and supportive.
company.monster.com /adelphia   (164 words)

  
 Time Warner and Comcast Complete Adelphia Communications Transactions   (Site not responding. Last check: 2007-09-17)
Both companies are now focused on integrating their new cable properties and laying the groundwork to accelerate the deployment in the coming months of enhanced video, high-speed data, digital voice and other advanced services to consumers formerly served by Adelphia.
We are grateful to Dick Parsons and his colleagues at Time Warner and the team at Adelphia who worked so hard to facilitate and close these transactions.
Time Warner Cable expects that any shares distributed to Adelphia creditors pursuant to a plan of reorganization would be freely transferable.
www.timewarner.com /corp/newsroom/pr/0,20812,1220821,00.html   (1292 words)

  
 Adelphia - Wikipedia, the free encyclopedia
In late July 2006, the company announced it reached a framework for a plan of reorganization that, if approved by the bankruptcy court, would result in an emergence from Chapter 11 late this year." [1]
Adelphia New England Site - New Hampshire, Vermont, New York
News article on Adelphia's decision to offer X-rated pornography
en.wikipedia.org /wiki/Adelphia   (482 words)

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