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Published on 10/21/2004 in the Prospect News Distressed Debt Daily.

Madison Liquidity affiliates acquires $9.62 million of Adelphia Communications claims

Washington, Oct. 21 - Madison Liquidity Investors 123 LLC acquired a $7.73 million claim against Adelphia Communications Corp., and Madison Niche Opportunities LLC acquired a $1.89 million claim against the Greenwood Village, Colo.-based cable television systems company.

The acquisitions, both from the National Broadcasting Co. Inc., were filed with the U.S. Bankruptcy Court for the Southern District of New York Thursday.

Adelphia filed for bankruptcy on June 25, 2002. Its Chapter 11 case number is 02-41729.


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