Cumulus’ Chapter 11 Reorganization Triggers Stay in Complaint Against Nielsen
United States District Judge Jeannette Vargas recognizes the automatic stay that kicks in due to U.S. Bankruptcy laws in Cumulus Media’s anti-trust suit against Nielsen as the result of the former’s entering Chapter 11 bankruptcy protection. The parties are ordered to submit a joint letter regarding the status of the bankruptcy proceedings by June 9, 2026.