Kirkland & Ellis quits as counsel to Altice USA amid Wall Street pressure
Investors including Apollo and Ares had been upset by an antitrust lawsuit
Investors including Apollo and Ares had been upset by an antitrust lawsuit

Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree

Firm moves to repair relations with backers of private equity funds after claims of uncooperative behaviour in negotiations

Wall Street firms are pointing fingers over credit issues, with tensions boiling over at Altice USA

Decision to scrap certain contentious debt refinancing practices leaves David Nemecek in limbo

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

Top law firm offers Joshua Feltman a guaranteed pay package of $80mn over three years