Summary
This Form 8-K from Charter Communications, Inc. (CHTR) filed on November 30, 2009, provides an update on its Chapter 11 bankruptcy proceedings. The company, operating as debtor-in-possession since March 27, 2009, has filed its Monthly Operating Report (MOR) for October 2009 with the United States Bankruptcy Court for the Southern District of New York. Investors should note that this filing is primarily for informational disclosure under Regulation FD and does not constitute a filing for other purposes under the Securities Act or Exchange Act unless expressly incorporated by reference. The MOR contains detailed financial and operational information related to the company's restructuring efforts during the Chapter 11 process.
Key Highlights
- 1Charter Communications, Inc. (CHTR) filed a Form 8-K on November 30, 2009.
- 2The filing relates to Charter's ongoing Chapter 11 bankruptcy proceedings, initiated on March 27, 2009.
- 3The company is operating as a 'Debtor - In - Possession'.
- 4This report includes the Monthly Operating Report (MOR) for October 2009.
- 5The MOR was filed with the United States Bankruptcy Court for the Southern District of New York.
- 6Information regarding the MOR is publicly available on the claims agent's website (www.kccllc.net/Charter).
- 7The filing is made under Regulation FD and is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
Frequently Asked Questions
The main purpose of this 8-K filing is to disclose that Charter Communications, Inc. has filed its Monthly Operating Report (MOR) for October 2009 with the Bankruptcy Court, as part of its ongoing Chapter 11 bankruptcy proceedings.
Charter Communications, Inc., along with its subsidiaries and certain affiliates, filed voluntary petitions for Chapter 11 bankruptcy relief on March 27, 2009.
The October 2009 MOR is available electronically on the website of the company's claims agent, Kurtzman Carson Consultants, LLC, at www.kccllc.net/Charter, under the link 'Monthly Operating Reports'.
No, this filing indicates that Charter Communications is still in the process of Chapter 11 bankruptcy. The filing of the Monthly Operating Report is a standard requirement during such proceedings and reflects the company's operations while under court protection.