Tribune, Noteholders Resume Ch. 11 Confirmation Fight

Law360, New York (April 12, 2011, 7:35 PM EDT) -- After yet another mediation effort proved fruitless, Tribune Co. resumed its confirmation fight against junior noteholders in Delaware on Tuesday with both sides aiming to convince a bankruptcy judge that their newly revised reorganization plans would address his concerns.

Tribune and its allies put two rebuttal experts on the stand in support of their plan — and to refute the testimony of experts presented by the noteholders sponsoring an alternative plan — at a hearing in the U.S. Bankruptcy Court for the District of Delaware....
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