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Adelphia Communs. Corp. v. America Channel LLC (In re Adelphia Communs. Corp.)

Adelphia Communs. Corp. v. America Channel LLC (In re Adelphia Communs. Corp.)

Ruling
Court found violation of automatic stay since effort to block purchase of debtor's assets was attempt to exercise control over estate property.
Procedural posture

Plaintiff bankruptcy debtors, a cable television system, brought an adversary proceeding against defendants, a cable channel and its lawyers, seeking a declaration that defendants violated the automatic bankruptcy stay by pursuing an antitrust action against prospective purchasers of the debtors'assets, and seeking to enjoin defendants'pursuance of the action.

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opinion summary, case decided on June 26, 2006 , LexisNexis #0706-086