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Prospect News home > News index > List of issuers U > Headlines for UPC Polska > News item
Published on 1/21/2004 in the Prospect News Distressed Debt Daily.

UPC Polska hearing to continue to deal with SISU Capital objections

By Jeff Pines

Washington, Jan. 21 - UPC Polska, Inc.'s hearing for its second amended Chapter 11 reorganization plan adjourned Wednesday and is expected to reconvene Thursday at 11 a.m. ET.

At issue are SISU Capital Ltd.'s objections, said a source familiar with the case. SISU believes the plan is unfair to it and grossly undervalues the company.

UPC Polska filed bankruptcy in the Southern District of New York.


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