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Katten Bankruptcy Team Wins Numerous Turnaround Awards From The M&A Advisor

Katten Bankruptcy Team Wins Numerous Turnaround Awards From The M&A Advisor

Katten Wins Record $19 Million+ Award for Client Windstream In False Advertising Case Arising Out Of Windstream's Chapter 11

Katten Wins Record $19 Million+ Award for Client Windstream In False Advertising Case Arising Out Of Windstream s Chapter 11 News provided by Share this article Share this article 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 capitaliz