Jan 08

Blog Post: Cumulus' Ch. 11 Plan Releases Draw US Trustee Scrutiny
by Anonymous
Bankrupt radio giant Cumulus Media Inc. should be required to revise language in its Chapter 11 plan solicitation materials to clear up concerns over broad third-party litigation releases and how creditors might avoid consent to those provisions, an attorney for the U.S. trustee said in a Monday court filing.
Click to see full article
Click to see full article