Berner Bucks & Bankruptcy Extension

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  1. The correct status of Mary Berner’s millions in bonus money.
  2. Why Cumulus MUST convince a bankruptcy court to give them another four months for exclusive rights to strike a restructuring deal.
  3. Why the Cumulus bankruptcy was unnecessary from day one – and why they chose to do it anyway.
  4. How Liberty Media’s continuing presence in an iHeart restructuring affects the Cumulus outcome.
  5. New confidential revenue numbers that are scaring the hell out of lenders and unsecured creditors worried about the future of Cumulus.

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