WILMINGTON, Del., March 12 /PRNewswire/ -- Adelphia Contingent Value
Vehicle announced today that it has changed its name, effective
immediately, to Adelphia Recovery Trust, pursuant to a Certificate of
Amendment to Certificate of Trust filed with the Delaware Secretary of
State.
About Adelphia Recovery Trust
Adelphia Recovery Trust (the "Trust") is a Delaware Statutory Trust
that was formed pursuant to the First Modified Fifth Amended Joint Chapter
11 Plan of Reorganization of Adelphia Communications Corporation and
Certain Affiliated Debtors (the "Plan"), which became effective February
13, 2007. The Trust holds certain litigation claims transferred pursuant to
the Plan against various third parties and exists to prosecute the causes
of action transferred to it for the benefit of holders of Trust interests.
Forward-Looking Statements
This press release contains forward-looking statements. All statements
(other than statements of historical fact) contained in this release,
including statements that address future plans, goals, expectations,
activities, events or developments, are forward-looking statements. We have
tried, where possible, to use words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "forecast," "initiative,"
"objective," "goal," "project," "outlook," "priorities," "target,"
"evaluate," "pursue," "seek," "potential," "continue," "designed,"
"impact," "may," "would," "could," "should," "will" and other similar
expressions to identify forward-looking statements. Forward-looking
statements are based on current expectations and are subject to substantial
risks, uncertainties and other factors, many of which are beyond our
control. We cannot guarantee that any forward-looking statement will be
realized, as actual results may differ materially from those identified or
implied in any forward-looking statement. Among the factors that may cause
actual results to differ materially are the following: the potential costs
and impacts of the administration of the Plan, the legal fees and expenses
associated with the causes of action and any related litigation or
settlement, changes in or interpretations of laws, regulations and
policies, interest rate fluctuations, the tax effects of various aspects of
the Plan and the Trust, and the outcome of the litigation and other claims
that constitute the Trust's principal assets. All forward-looking
statements speak only as of the date they were made. The Trust does not
undertake a duty to publicly update or revise such forward- looking
statements or other information contained herein, whether as a result of
new information, subsequent events, circumstances, changes in expectations
or otherwise.
SOURCE Adelphia Contingent Value Vehicle
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