In December 2008, the Tribune Company — the nation’s second-largest newspaper publisher and a large multimedia corporation — filed for bankruptcy. The filing made headlines as the largest bankruptcy in the history of the American media industry. Approximately four years later, the legal wrangling in this matter continues, with one of the main sticking points being the competition between two proposed restructuring plans.
In a recent decision out of the Tribune bankruptcy proceeding, Hon. Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware, evaluated the contours of 11 U.S.C. § 1129(a)(10) of the federal Bankruptcy Code, in the context of considering the conformability of competing Chapter 11 plans of reorganization for the jointly administered debtors. See In re Tribune Co., et al., Case No. 08-13141 (KJC), 2011 Bankr. LEXIS 4128 (Bankr. D. Del. Oct. 31, 2011) ( Tribune ).
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
