Katten Wins Record $19 Million+ Award for Client Windstream In False Advertising Case Arising Out Of Windstream's Chapter 11
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NEW YORK, April 12, 2021 /PRNewswire/ -- Late Thursday, April 8, 2021, the Honorable Robert D. Drain issued a decision awarding Katten's client, communications and software company Windstream Holdings, Inc. and its subsidiaries ("Windstream"), the largest compensatory sanction award ever issued by a bankruptcy court for violation of the Bankruptcy Code's automatic stay.
The U.S. Bankruptcy Court for the Southern District of New York (the "Court") awarded Windstream over $19 million in compensatory sanctions for multiple violations of the Bankruptcy Code's automatic stay by Charter Communications Inc. and Charter Communications Operating, LLC (together, "Charter"), one of Windstream's main competitors. The Court held that Charter had engaged in a false advertising campaign that was designed to capitalize on Windstream's bankruptcy in an effort to take Windstream customers and damage Windstream's brand, reputation and business.