The firm, Adelphia's primary outside legal counsel for a number of years, and its insurers will pay an initial $20 million to the Adelphia Recovery Trust, which is pursuing claims on behalf of creditors, and $40 million to be distributed in a binding mediation proceeding among the trust and other parties with claims against Buchanan.
Buchanan Ingersoll Settles Adelphia Bankruptcy Claims
New York Law Journal
July 2, 2012
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