Tribune Co’s Bankruptcy enters Confirmation Stage


The highly publicized case of Tribune Co’s bankruptcy case is finally set to be presented before a judge for its confirmation hearing. A confirmation is where the bankruptcy judge signs off a plan for reorganization that was agreed upon by the bankrupt company and its creditors. normally, there is only one plan but in the case of Tribune Co, the company that owns the Chicago Tribune, the Los Angeles Times and dozens of TV stations, there are two competing plans.

Over the next two weeks, US Bankruptcy Court Judge Kevin Carey will begin hearing arguments from lawyers of the two sides each presenting their view of why their plan is the best in the interest of the Tribune and its creditors.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tampa Bay Bankruptcy Center, P.A. | Attorney Advertising

Written by:


Tampa Bay Bankruptcy Center, P.A. on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.