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Tag Archives: bankruptcy court

Tribune Co. to offer new bankruptcy plan

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 ...

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Jewish Times bankruptcy case extended (access required)

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 — ...

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Borders seeks approval to liquidate, close stores

NEW YORK — There will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday. The Ann Arbor, Mich.-based chain, which helped pioneer the big-box bookseller concept, is seeking court ...

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Workers win severance pay priority in bankruptcy court (access required)

Former employees’ severance-pay claims are entitled to full priority in the employer’s bankruptcy, the 4th U.S. Circuit Court of Appeals has held. Last week’s published decision affirmed the ruling of a U.S. Bankruptcy Court judge in Richmond, Va., in favor ...

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