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January 14, 2011

Judge Confirms FairPoint's Plan To Exit Bankruptcy Protection

"Judge Burton R. Lifland of U.S. Bankruptcy Court in Manhattan confirmed the plan despite the objections of Verizon Communications Inc. (VZ: 35.68, -0.10, -0.29%), which said certain details of a litigation trust set up to investigate Verizon's sale of New England phone assets to FairPoint weren't adequately disclosed to the court."

Read the article here.

January 14, 2011 in Current Affairs | Permalink

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