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August 09, 2010 |

Examiner Says Tribune Bankruptcy Report Was Costlier, Wider in Scope Than Anticipated

UCLA law professor Kenneth Klee recently released his massive report investigating the downfall of The Tribune Co. following a disastrous 2007 leveraged buyout. The report raises serious questions about the second step of the buyout and whether it left Tribune with an unsustainable amount of debt. In his first interview since nabbing the role as the official court-appointed examiner in the case, Klee discusses how he got the job and how his team managed to produce the report in just 12 weeks.
4 minute read
October 04, 2004 |

Brobeck group hits snag over choice of lawyers

Former Brobeck, Phleger & Harrison partners are having trouble keeping their counsel of choice. At a hearing Friday, U.S. Bankruptcy Judge Dennis Montali reaffirmed his earlier decision to disqualify Pachulksi, Stang, Ziehl, Young, Jones & Weintraub from representing a large group of former Brobeck partners. And a bankruptcy trustee is now trying to sever the group�s ties with another lawyer.
2 minute read
June 17, 2010 |

White & Case Gets First Crack at Sam Zell

It is a moment everyone in the Tribune bankruptcy case has been waiting for: the deposition of Sam Zell, architect of the LBO that sunk the media empire. Leading the questioning: W&C's Tom Lauria.
3 minute read
August 27, 2010 |

More Turns in Troubled Tribune Bankruptcy

3 minute read
January 01, 2011 |

Lights, Cameras, Civil Actions

Viewers may be ditching TV in droves, but the fate of a ratings-challenged talk show served as the basis for one of 2010's hottest Hollywood legal dramas.
3 minute read
July 07, 2011 |

Feds Concede DOMA Fight in Bankruptcy Court

The decision by the DOJ, led by AG Eric Holder Jr., and congressional Republicans leaves intact an order by 20 judges allowing a married same-sex couple to file bankruptcy jointly.
3 minute read
August 06, 2010 |

Bankruptcy Files Extra: Tribune Examiner Speaks

In his first interview since releasing his report, Kenneth Klee describes the process of putting together thousands of pages examining the demise of an American icon.
4 minute read
November 24, 2004 |

Brobeck Trustee Ready to Settle with Ex-Partners

Brobeck's bankruptcy trustee, Ronald Greenspan, is inviting the partners to a meeting at which he will propose a settlement agreement that would free the partners from litigation related to the firm's collapse. Greenspan has asserted in filings to the U.S. bankruptcy court in San Francisco that he intends to pursue claims against the former partners for allegedly taking distributions when the firm was insolvent. In a filing Monday, Greenspan said the partners had received approximately $285 million.
5 minute read
August 06, 2010 |

Bankruptcy Files Extra: Tribune Examiner Speaks

In his first interview since releasing his massive report, Kenneth Klee describes the painstaking process of putting together thousands of pages of documents that lay out what caused the demise of an American icon.
4 minute read
August 04, 2010 |

Brown Rudnick Likely to Escape Sanctions for Improper Redaction

Concluding Brown Rudnick did not intentionally or recklessly violate a confidentiality order by failing to properly redact information from a key complaint, the examiner's report in the Tribune bankruptcy is cause for relief at the law firm. The examiner also concluded Brown Rudnick had the right to file the complaint and did not violate a court order in doing so. The firm, representing a trustee for creditors in the bankruptcy, will likely escape serious sanctions, though it might have to pay attorney fees to JPMorgan Chase.
3 minute read

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