Altice USA accuses creditors of forming ‘illegal cartel’
Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree
Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree

US bank stepped into messy confrontation between billionaire Patrick Drahi and aggrieved Wall Street funds

Investors including Apollo and Ares had been upset by an antitrust lawsuit

Investigators search properties linked to alleged scheme to defraud Patrick Drahi’s company of hundred of millions of euros

Franco-Israeli tycoon has locked horns with creditors over debt-laden telecoms empire

Lenders to Franco-Israeli tycoon’s Altice empire are guessing his next move after falling victim to an aggressive restructuring

Rival telecoms groups are considering new bid for Patrick Drahi’s French business