Pa. Fights Philly Newspapers' Ch. 11 Plan
In an objection launched Thursday in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania, the Department of Revenue for the Commonwealth of Pennsylvania asked for an order denying confirmation of the company's first amended plan, which was filed Oct. 27.
According to the filing, the department has “multiple priority claims” against Philadelphia Newspapers,...
To view the full article, register now.