For more on what this Chapter 11 filing by Fairpoint means we turn to
Michael Dworkin, a professor of Law at Vermont Law School in South
Royalton. Dworkin is also a former Chairman of the Vermont Public Service
Board, and has seen this sort of thing before.
He spoke with VPR’s Mitch Wertlieb and says it’s important to distinguish between what Fairpoint is trying to do and what we normally think of when we hear the term "bankruptcy."