Creditors Want Tribune Confirmation Hearing Delayed

Law360, New York (August 2, 2010, 4:51 PM EDT) -- A group of creditors has asked to postpone for at least three months a hearing on The Tribune Co.'s reorganization plan to allow more time to review a 1,000-page examiner's report that found the $8.3 billion leveraged buyout of the company in 2007 involved fraudulent transfers.

Wells Fargo Bank NA, the bridge agent for a $1.6 billion senior secured loan to the company, said in a motion Friday in the U.S. District Court for the District of Delaware that the revelations in the examiner's report, as...
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