Judge weighs Tribune Co. bankruptcy plan
BY: Associated Press WILMINGTON, Del. — A federal judge in Delaware is close to deciding whether Tribune Co. can emerge from Chapter 11 bankruptcy protection. The judge indicated after a hearing Friday that he would rule on the media conglomerate’s latest reorganization plan by early July. Tribune’s plan is a revision of a proposal rejected by the judge [...] |
Tribune bankruptcy judge mulls allocation disputes
BY: Associated Press WILMINGTON, Del. — Tribune Co. creditors are arguing over how recoveries under Tribune’s proposed reorganization plan should be allocated. Many of the arguments at hearing that began Monday revolve around what standing certain junior bondholders have in sharing in any recoveries, including proceeds from lawsuits stemming from the 2007 leveraged buyout of Tribune orchestrated by [...] |
Tribune Co. to offer new bankruptcy plan
BY: Associated Press WILMINGTON, Del. — Tribune Co., whose plan to exit bankruptcy was rejected by a judge late Monday, will file a new proposal by Nov. 22, Chief Restructuring Officer Don Liebentritt said Tuesday in a note to employees. Tribune, owner of The Baltimore Sun, saw its reorganization plan and a competing proposal by a group of [...] |
Zell attorney objects to Tribune bankruptcy plans
BY: Associated Press WILMINGTON, Del. — An attorney for billionaire developer Sam Zell, who engineered a buyout that left Tribune Co. saddled with debt, says proposals to reorganize the media company’s finances aren’t fair to his client. Attorney David Bradford says the proposals do not adequately protect Zell from lawsuits that threaten to injure his reputation and waste [...] |
Hearing resumes on Tribune reorganization plans
BY: Associated Press WILMINGTON, Del. — A Delaware bankruptcy judge has resumed a hearing to determine whether he should approve Tribune Co.’s proposed reorganization plan. Tribune owns the Chicago Tribune, Los Angeles Times, other newspapers and several radio and TV stations. It sought bankruptcy protection after a 2007 leveraged buyout engineered by billionaire developer Sam Zell saddled the [...] |
Legal News
- Warnken keeps old-fashioned ways for first class at new UB Law building
- Details, details: Waiver of jury trial must be on record
- Attorney fees OK’d for untimely Vaccine Act claims
- Court to decide if co-tenant can consent to search after suspect’s objection
- Supreme Court takes up question of town meeting prayer
- Double jeopardy bars retrial, top court holds
- Asylum restored to man who grabbed officer’s hand
- Suit over fatal shooting by undercover officer settles for $100K
- Months after law firm’s opening, the furniture and clients have arrived
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- Parents fight plans for disguised wireless tower at elementary school
- Focus Section – Banking
- Md.’s rankings for business climate all over the place
- City sells row homes for less than half value
- Donald C. Fry: Baltimore to become well-connected
- C. Fraser Smith: Festival as film school
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Newsmakers – Doug Gansler
Maryland Attorney General Doug Gansler sat down with Daily Record reporters and editors for our latest Newsmakers interview. Gansler spoke about his potential run for governor, the high-profile bills on gun control and the death penalty passed by the General Assembly and the challenges facing his office and the state of Maryland....
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