
Bankruptcy Plan for WTEN owner Takes New Twist, Alteris Renewables Acquires ISI Solar, NYS Hands Out Foreclosure Avoidance Funds
by
Ameerah
on Wed 12 May 2010 07:13 AM EDT
A judge in Young Broadcasting's restructuring case wants senior lenders to take over the broadcasting conglomerate, not its unsecured creditors, marking a new development for the owner of WTEN in Albany. In other news, Alteris Renewables in Wilton, Conn. acquires New City-based ISI Solar, and the state hands out funds to New York homeowners to help them avoid foreclosure.
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