Jones Day Wins Special Counsel Role In Tribune Ch. 11

Law360, New York (September 15, 2010, 6:19 PM EDT) -- A federal judge approved Jones Day as special counsel in Tribune Co.’s bankruptcy Wednesday despite earlier objections by the U.S. trustee that the firm's retention was a money waster.

Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware allowed Jones Day to represent a special committee of Tribune’s directors against an objection by the U.S. trustee, who thought the retention of a third law firm by the media company and its affiliated debtors was not cost-effective and could lead to the...
To view the full article, register now.