reorganization plan


Despite Bankruptcy, TNCI Holds On to Customers

TNCI has maintained its base of more than 18,000 end-user customers, the Boston-based telecommunications provider revealed in an amended disclosure statement filed with a federal bankruptcy court in Massachusetts.

TNCI’s Twomey: Agents Are Priority in Reorg

TNCI President and CEO Brian Twomey emphasized that TNCI has been in biweekly contact with its agents to update them during the bankruptcy process and that they are critical to the business since they are responsible for all of the company’s sales.

Charter Bankruptcy Plan Gets Thumbs Down from Lender

Wells Fargo is speaking out against Charter Communications’ reorganization plan. The bank thinks reinstating nearly $12 billion of debt might not be possible. The objection was made in court documents filed this week. Wells Fargo says Charter’s plan is risky and has the potential to fall apart. If Charter can’t reinstate its debt at pre-bankruptcy […]

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