JPMorgan Chase

...Allen and some of Charter's noteholders, called for Charter to reinstate $11.8 billion in debt at the same terms after the bankruptcy, but lender JPMorgan led an opposition to the plan, claiming that Charter had violated its loan agreements.

In this article: Bankruptcy, Charter Communications Inc., Paul Allen, Jpmorgan, Microsoft, Manhattan, St. Louis, and Reuters

However, a JPMorgan Chase-led bank group has objected to that plan, arguing the restructuring represents a change in control as Allen's true influence over the company through his stock holdings would be mostly wiped out. The banks...

In this article: Paul Allen, Charter Communications, Tax, Apollo Management, James Peck, Leon Black, and Microsoft

Charter's lenders, including JP Morgan <JPM.N> and Wells Fargo <WFC.N>, have objected to the plan, in which Charter has argued that its bank debt is effectively untouched and therefore its loans are not subject to repricing by the banks.

In this article: Paul Allen, Bankruptcy, Charter Communications Inc, Wells Fargo, New York, U.S. Bankruptcy Court, and Escrow

...debt at below-market interest rates upon its emergence from bankruptcy. The company's senior bank lenders, led by JPMorgan Chase & Co <JPM.N>, have opposed Charter's bankruptcy plan, arguing Charter violated its loan agreements as the...

In this article: Bankruptcy, Franklin Templeton, Charter Communications Inc, Paul Allen, Microsoft, U.S., and U.S. Bankruptcy Court

However, JPMorgan and other senior Charter lenders object to the restructuring, saying it amounts to a change of control since the bondholders would wind up owning the business in exchange for forgiving about half their loans. The...

In this article: Paul Allen, Tax, Cash flow, Bankruptcy, Charter Communications, and Microsoft

The company's senior bank lenders, led by JPMorgan Chase & Co <JPM.N>, have been opposed to Charter's bankruptcy plan, which the company is hoping will win approval during a hearing in U.S. Bankruptcy Court in Manhattan this week. The...

In this article: Bankruptcy, Paul Allen, Apollo, Charter Communications Inc, U.S. Bankruptcy Court, Jpmorgan Chase & Co, U.S., and James Peck

...replant rainforests, create bioenergy, install efficient lighting." (The company's carbon offset fund is coincidentally run by JP Morgan, the new owner of Washington Mutual.) An offset cost of $11,352 for each Atlantic crossing is chump...

In this article: Paul Allen, Octopus, Carbon, Tatoosh, Burn rate, Forbes, The Times, Carbon dioxide, and Microsoft

...had originally been set aside. Charter's proposed reorganization plan had been fiercely opposed by lenders led by JPMorgan Chase & Co <JPM.N> and Wells Fargo <WFC.N>, which claimed that Charter investors at Apollo, Crestview, Oaktree and...

In this article: Bankruptcy, James Peck, Charter Communications Inc, Wells Fargo, Paul Allen, Jpmorgan, Microsoft, U.S., and U.S. Bankruptcy Court

...on debt because of a change of control. Four sources familiar with Charter's reorganization talks told Reuters that JPMorgan's suit could delay or even derail the bankruptcy process. Under Charter's proposed restructuring plan,...

In this article: Paul Allen, Bankruptcy, Jpmorgan, Balance sheet, St John's University, and Charter Communications