Patrick Drahi's US creditor clash over alleged asset shifts

Reuters Breakingviews says bondholders are suing telecoms mogul Patrick Drahi, alleging he illegally shifted key assets beyond their reach. His cable group Optimum has $6 billion in debt due in 2027 and not enough cash to repay it, the commentary says. Breakingviews argues that looming losses give creditors reason to reject a weak deal.