A federal bankruptcy judge yesterday paved the way for Adelphia Communications Corp.'s creditors to vote on the cable operator's Chapter 11 reorganization plan. Judge Robert Gerber of the U.S. Bankruptcy Court in New York has set a deadline of Nov. 27 for the creditors to accept or reject the plan. A confirmation hearing was scheduled for Dec. 7.

Adelphia filed for reorganization in 2002 after disclosing it had $2.3-billion (U.S.) in off-balance-sheet debt. Founder John Rigas and one of his sons were convicted on fraud charges. A second son received 10 months of home confinement after pleading guilty to a charge of making a false entry in a company record.

On July 31, Adelphia sold its cable business to Time Warner Cable, a unit of Time Warner Inc. in New York, and Comcast Corp. of Philadelphia. AP

Thanks for the update Fatal.

Angel