Lenders to Altice USA File Motion to Dismiss Antitrust Lawsuit

Lenders to Altice USA, including Apollo, BlackRock, and Oaktree, have filed a motion to dismiss a lawsuit accusing them of colluding to shut the company out of the US credit market. The lenders argue that Altice is trying to use antitrust laws to gain an advantage in debt talks, while courts have previously ruled that such laws do not apply in similar cases. The case has highlighted the use of cooperation agreements among creditors in restructurings.