The nation's sixth largest cable company faces regulatory and criminal investigations, and has been delinquent in filing financial reports and accounting for billions in off-the-books debt.
22.
Adelphia stock plummeted from dlrs 20 . 39 a share before the company first divulged off-the-books debt in March, to just pennies after the bankruptcy filing.
23.
They propose to start by tracing the history of the floating charge from its inception to the present day, paying particular attention to charges over book debts.
24.
The five affiliates are believed to be saddled with more than half of Yamaichi Securities'265 billion yen ( dlrs 2 . 1 billion ) in off-book debts.
25.
To constitute a charge on book debts a fixed charge, it is sufficient to prohibit the company from realising the debts itself, whether by assignment or collection.
26.
A Finance Ministry official said it was unclear at this time whether the off-the-books debts were incurred illegally but that they almost surely violated the commercial code.
27.
Finance Minister Mitsuzuka said Monday that Yamaichi informed his ministry just one week ago that it had off-the-book debts totaling 260 billion yen ( dlrs 2.06 billion ).
28.
Adelphia Communications, which fired its accounting firm earlier this week amid controversy over off-the books debt, said Friday that it had hired PricewaterhouseCoopers as its new independent accountant.
29.
Finance Minister Mitsuzuka said Monday that Yamaichi told his ministry just one week ago that it had off-the-book debts of 260 billion yen ( dlrs 2.06 billion ).
30.
In addition, Finance Ministry officials discovered over the weekend that Yamaichi had off-the-book debts totalling 260 billion yen ( dlrs 2.06 billion ), newspaper and TV reports said.
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