Coop Litigation News

Tracking Legal Events involving Electric & Telephone Cooperatives

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Virgin Islands Telecom News (Virgin Islands)

Here we attempt to highlight some of the more interesting recent developments concerning Virgin Islands Telephone Corporation headquartered in the Virgin Islands now involved in litigation.

These links take you outside of the Coop Litigation News website so we aren't responsible for the content.



Bankrupt Virgin Islands telecom may get new owner

The Jamicia WI Gleaner
Wednesay, February 4, 2009

A United States financial cooperative has offered to acquire a Caribbean telephone operator and other assets of a company that owes it US $525 million.


National Rural Utilities Cooperative Finance Corp, based in Herndon, Virginia, said it would acquire Innovative Telephone Company and other assets of bankrupt Innovative Communication Corp, or ICC, to satisfy part of a bankruptcy judgment against the U.S. Virgin Islands-based corporation.



Trustee: USVI bankruptcy auction delayed by crisis

Associated Press
December 22, 2008

CHARLOTTE AMALIE, U.S. Virgin Islands - Auctions of companies that were part of a bankrupt U.S. Virgin Islands media and communications network have been postponed because of the global financial crisis, a court-appointed trustee said Monday.




This page was last modified on Friday, August 21, 2009