New York partner Kristin Going was quoted in a Bloomberg article titled “Aurelius and Windstream’s Game of Debt Chess Heads to Court.” New York-based Aurelius Capital Management has been locked in a dispute with Windstream, a rural telecommunications company, over whether Windstream has defaulted on its debt. The article reviews the timeline of this complex case and provides an analysis of potential outcomes.
“You have a classic aggressive hedge fund who may or may not be checkmated by an issuer. I don’t know of any other situation like this. And … it’s Aurelius,” said Kristin.