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Aurelius Capital Management

Media & Marketing / Public Companies

Uniti Reaches $39M Settlement With Investors

The company was accused of concealing known risks connected to a $310 million judgment against Windstream in 2019. read more >
CEO Tony Thomas says most of Windstream’s debt will be discharged when it rises from bankruptcy.
Banking & Finance / Investments / Legal

A Remade Windstream Bets on ItselfLock Icon

Windstream's immediate plans once it comes out of bankruptcy includes investing in high-speed broadband for rural consumers. read more >
A bankruptcy court’s approval clears the way for Windstream CEO Tony Thomas and others to earn a slice of $24 million in bonuses.
Banking & Finance / Legal / Public Companies

Bankruptcy Judge OKs Windstream Bonuses

A bankruptcy judge in New York last week approved Windstream Holdings Inc.’s request to use up to $24 million for bonuses for executives. read more >
Windstream CEO Tony Thomas took the reins at the company in 2014. Though losses have mounted, he sees great potential ahead.
Investments / Legal

Bankruptcy Judge Approves Up to $24M in Bonuses for Windstream Execs

A bankruptcy judge in New York approved Windstream Holdings Inc.'s request to use up to $24 million for bonuses for top executives, including CEO Tony Thomas and CFO Robert Gunderman. read more >
Windstream investors attend the 2011 stockholders meeting in Little Rock.
Business Services / Insurance / Investments

Lawyer Fears Default Ploy Used in Windstream Case Will Spread

A Little Rock attorney fears Aurelius Capital Management’s recent $310 million judgment against Windstream Services LLC of Little Rock could trigger other distressed investors to try a similar legal maneuver. read more >
Investments / Public Companies

Hit with $310M Judgment, Windstream Files Chapter 11 Bankruptcy

Windstream Holdings Inc. of Little Rock files Chapter 11 bankruptcy, less than two weeks after a judge found that the 2015 spinoff of its fiber and copper assets ran afoul of bond covenants, exposing the company to a $310 million judgment. read more >
Windstream CEO Tony Thomas took the reins at the company in 2014. Though losses have mounted, he sees great potential ahead.
Investments / Public Companies

Windstream Extends CEO Tony Thomas’ Contract to 2024

Windstream Holdings Inc. of Little Rock has extended the contract of its CEO, Tony Thomas, to 2024. read more >
Technicians work at the Windstream Corp. data center in Little Rock.
Legal

Windstream Postpones Quarterly Results As Hedge Fund Claims Victory

Windstream Holdings Inc. of Little Rock postpones its fourth-quarter and full-year 2018 financial results after a federal judge's ruling last week put the company in danger of bankruptcy. read more >
Banking & Finance / Investments / Legal

Windstream: Disappointed, Surprised by $310M Ruling

Windstream CEO Tony Thomas says the Little Rock company is "disappointed" and "frankly surprised" by a federal court ruling in New York that slapped a $310 million judgment on the firm. read more >
Investments / Legal / Real Estate

Windstream Fights Hedge Fund Over Uniti Group StatusLock Icon

Aurelius Capital Management of New York claims Windstream’s 2015 spinoff of its copper and fiber assets into an innovative real estate investment trust was essentially a sale-leaseback that violated the terms of some of its outstanding bonds. read more >