Analysis - Strategy - Results

News Releases

The Administrative Office of the United States Courts (AOC) has issued several helpful videos about the basics of bankruptcy. To watch, please visit their website at: Here

Employees of DelCotto Law Group PLLC will be participating in the 2013 Central Kentucky Heart Walk to benefit the American Heart Association on Saturday, May 18, 2013. The 3 mile walk will be held at Keeneland Race Track. For more information or to join the DLG Team, please visit our team page at: Here

Associate Kent Barber was recently elected President of the Bankruptcy Section of the Fayette County Bar Association (FCBA). For more information about the FCBA, please visit their website: Here

Laura Day DelCotto spoke to the Glasgow Rotary Club on January 10, 2013. Information about her presentation can be found in the following Glasgow Daily Times article. [Read Article]

Attorneys Michael Gartland and Wes Harned co-wrote an article entitled Overview of §3545: The Family Farmer Bankruptcy Tax Clarification Act of 2012 which was recently published in the American Bankruptcy Institutes’ 2012 Legislation Committee Newsletter. [[Read Article]]

Attorney Laura Day DelCotto was named the Greater Lexington Paralegal Association’s 2012 Most Supportive Attorney. For more information, visit the GLPA’s website or contact Laura Day.

PAST NEWS RELEASES CLICK HERE TO VIEW

The Telecommunications Industry


Since the Telecommunications Act of 1996 and subsequent federal regulatory changes, many telecom companies have faced increased financial challenges. Since 2000, several major telecom companies have filed for Chapter 11 bankruptcy to restructure debt and clean up their balance sheet.  As telecom companies continue to face several financial challenges, primarily stemming from competition, which continues to drive down service prices and profits, Chapter 11 bankruptcies will continue to be a strategy utilized by the industry to deal with bad debt and decreased profits.

In this current economic climate, Chapter 11 bankruptcy can be an important tool to restructure existing indebtedness for a telecom company or provide a mechanism for an orderly sale of assets or wind down of operations.  The attorneys of DelCotto Law Group PLLC have extensive experience in restructuring telecom companies, both in out-of-court restructurings and Chapter 11 bankruptcy proceedings. Specifically, the attorneys of Delcotto Law Group PLLC can assist a telecom company in analyzing and addressing key bankruptcy issues including:                                   

  •  Executory Contract
  • Automatic Stay
  • Telecommunications Act of 1996
  • FCC
  • Customer Notification
  • License Transfer/Assignment
  • 363 Sales
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