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Tag Archives: Bankruptcy

WaMu reaches tentative deal with shareholders

WILMINGTON, Del. — Washington Mutual Inc. has reached a tentative agreement with shareholders that could resolve their long-standing objections to the bank holding company’s proposed reorganization plan. An attorney for WMI told a federal bankruptcy judge in Delaware on Tuesday ...

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Rosecroft bankruptcy settlement approved

A settlement was approved Thursday filed by the trustee of Rosecroft Raceway between the bankrupt race track and the Maryland Jockey Club and various horse and racing associations as part of the harness track’s Chapter 11 proceedings. U.S. District Court ...

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Zell attorney objects to Tribune bankruptcy plans

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 ...

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Hearing resumes on Tribune reorganization plans

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 ...

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Editorial: Credit check compromise

After a year of trying to find the right balance, the General Assembly is on a good course with compromise legislation that would limit businesses’ use of credit reports and histories in hiring employees. SB 132 cleared the Senate Finance ...

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