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Bankruptcy judge OKs sale of Jewish Times
The 93-year-old Baltimore Jewish Times will be under new ownership before Passover begins at sundown Friday. U.S Bankruptcy Court Judge Nancy V. Alquist on Thursday approved the $1.26 million sale of the financially strapped weekly to Route 95 Publications LLC, an entity created by the owners of Rockville-based Washington Jewish Week. The sale will be […]
Washington Jewish Week high bidder for Jewish Times
The company that owns the Washington Jewish Week will acquire the Baltimore Jewish Times following its high bid of $1.26 million in a bankruptcy asset auction that concluded Monday. Zvi Guttman, the appointed trustee in the case, confirmed that Route 95 Publications LLC, an entity created by the owners of Rockville-based Washington Jewish Week, was […]
Auction date proposed for Jewish Times publisher
After 93 years in the hands of the same family, the Baltimore Jewish Times could go to auction next week under a proposal filed Wednesday in U.S. Bankruptcy Court. Zvi Guttman, newly appointed trustee for publisher Alter Communications Inc., entered a proposed schedule under which the company’s assets would be auctioned on March 28. Objections […]
Bankruptcy judge appoints trustee for Jewish Times
After nixing a last-minute, hurried sale and acknowledging there appeared little hope of a mutually-agreed upon plan, a federal judge on Friday appointed a trustee to run Alter Communications Inc., publisher of the Baltimore Jewish Times. U.S. Bankruptcy Court Judge Nancy V. Alquist ordered the appointment of a trustee after hearing arguments from Alter that […]
Mother loans Jewish Times publisher $100K
With no clear-cut consensus on how to bring it out of bankruptcy just yet, Alter Communications Inc., publisher of the Baltimore Jewish Times, did get court approval Tuesday for an emergency loan of $100,000 to meet payroll and pay crucial vendors. U.S. Bankruptcy Court Judge Nancy V. Alquist approved the terms of a bridge loan […]
Top 5: ‘It was just so blatantly unfair to do what they did’
An IPO splash by a Baltimore tech company and a look at the upcoming General Assembly legislative session are among the most-read business stories of the week. But news of the potential seizure of vehicles from a Baltimore city agency topped the list. Here are the Top 5 most-read stories: 1. Sheriff to begin seizure […]
Roebuck unhappy with Alter’s plan
The publisher of the Baltimore Jewish Times, embroiled in a bitter Chapter 11 bankruptcy case, has filed a new plan that would shift most of the ownership to a new group of investors led by businessman Dr. Scott Rifkin. The proposed reorganization is the latest effort of Alter Communications Inc. to exit bankruptcy. The court […]
Top 5 On the Record posts of the year
An insider’s perspective on the U.S. Supreme Court was the most-read On the Record blog post of 2011. Readers also checked out a judge’s sense of humor in the Jewish Times bankruptcy case, why “Huckleberry Finn” shouldn’t be censored and the age-old debate on the value of law school. The most-read blog posts of 2011 […]
Jewish Times owner says it has found new investor group
Alter Communications Inc., publisher of the Baltimore Jewish Times, is seeking a second 30-day extension from the court in its Chapter 11 bankruptcy case, saying that a group of new investors has entered the picture. U.S. Bankruptcy Court Judge James F. Schneider had given Alter and its former long-time printer, H.G. Roebuck & Son Inc., […]
Top 5: ‘I think that sends a loud and clear message’
A first-of-its-kind lawsuit over a bedbug infestation was decided in Baltimore this week, and state Sen. Ulysses Currie’s bribery trial continues. Those stories and more in this week’s legal affairs top 5. 1. Hopkins doc has made millions testifying for defense – Andy Marso When lawyer William C. Hudson learned that State Farm wanted one […]
Buerger’s struggle to keep Jewish Times has gone into overtime
Alter Communications Inc. CEO Andrew Alter Buerger’s head whipped around to face William L. Hallam as Hallam accused Buerger of playing the “Jewish persecution” card in federal court. Hallam, the attorney for Alter’s former printing company, H.G. Roebuck & Son Inc., said Buerger was unfairly making an issue of religion to scuttle the Roebucks’ plan […]
Jewish Times bankruptcy case extended
The parties involved in the Alter Communications bankruptcy case have been granted a 30-day extension to come together on a plan for post-Chapter 11 restructuring. Judge James F. Schneider had given Alter — publisher of the Baltimore Jewish Times — and its former long-time printer, H.G. Roebuck & Son Inc., until Oct. 21 to reach […]
