Summary
Charter Communications, Inc. (CHTR) filed an 8-K on January 29, 2010, primarily to disclose the filing of its Post-Confirmation Monthly Operating Report (MOR) for December 2009. This report details the company's financial operations following its emergence from Chapter 11 bankruptcy. Investors should note that the company, along with its subsidiaries and affiliates, successfully consummated its reorganization under Chapter 11 on November 30, 2009, following the confirmation of its Joint Plan of Reorganization on November 17, 2009. The filing serves as a procedural update and directs interested parties to the MOR, which is publicly available through the company's claims agent's website. This filing is crucial for stakeholders seeking to understand the company's financial standing and operational performance in the immediate period after its significant financial restructuring, reflecting the transition to a post-bankruptcy operational phase.
Key Highlights
- 1Charter Communications, Inc. successfully emerged from Chapter 11 bankruptcy proceedings on November 30, 2009, following court confirmation of its Joint Plan of Reorganization.
- 2The 8-K filing on January 29, 2010, reports the Post-Confirmation Monthly Operating Report (MOR) for the period December 1, 2009 - December 31, 2009.
- 3The MOR provides financial and operational data for Charter Communications for the first month after its emergence from bankruptcy.
- 4The MOR is publicly accessible via the website of the company's claims agent, Kurtzman Carson Consultants, LLC (www.kccllc.net/Charter).
- 5This filing signifies a transition to post-reorganization operations and reporting for the company.
- 6The information contained in this Item 7.01 is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into other SEC filings, except as expressly stated in such filings.