U.S. Supreme Court Refuses To Hear Idearc Shareholders' Objection To Bankruptcy

U.S. Supreme Court Refuses To Hear Idearc Shareholders' Objection To Bankruptcy

WASHINGTON, D.C. - The U.S. Supreme Court on April 30 denied certiorari to a class of shareholders in bankrupt Idearc Inc. who had objected to the confirmation of Idearc's Chapter 11 reorganization plan on grounds that its approval violated due process (Spencer Ad Hoc Equity Committee v. Idearc Inc. (In Re: Idearc Inc.), No. 11-874, Chapter 11, U.S. Sup.). Subscribers may view more details of the reorganization plan within the full update.

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