'U.S. Bankruptcy Judge Robert Gerber agreed to a request by the cable company to subordinate $174 million in claims against the National Hockey League team and move Adelphia behind Cerberus Capital Management LP in the creditor line. Cerberus has agreed to lend the Sabres about $23 million to cover the team's debts.'
Adelphia Bankruptcy Judge Clears Cash Hurdle for NHL's Sabres
January 14, 2003 Submitted by