Official Committee of Equity Sec. Holders v. Official Comm. of Unsecured Creditors (In re Adelphia Communs. Corp.)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Bankruptcy court properly withdrew equity security holders committee's derivative standing and approved plan.
Procedural posture: 
Appellant, a committee of equity security holders, appealed from an order of the United States District Court for the Southern District of New York, which dismissed the equity committee's appeal from the confirmation order of the United States Bankruptcy Court for the Southern District of New York, approving a chapter 11 bankruptcy plan.
Issue: 
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Commercial case opionion summary, case decided on September 24,2008, LexisNexis #1008-066