Plaintiffs Seek To Lift Stay Of Tribune Clawback Suits

Law360, Wilmington (January 12, 2012, 7:24 PM ET) -- Plaintiffs in a multidistrict litigation hoping to claw back billions from former Tribune Co. shareholders asked a Delaware bankruptcy judge on Thursday to lift a stay of the suits, saying they no longer have any bearing on the media giant’s bankruptcy and should be allowed to proceed.

The 44 fraudulent conveyance suits, now merged in an MDL in New York, were filed by Deutsche Bank Trust Company Americas and two other trustees for Tribune Co. noteholders, taking aim at the $8 billion received by shareholders in...
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Case Information

Case Title

Tribune Company, et al.

Court

Delaware

Nature of Suit

Case Number

1:08-bk-13141

Law360 Coverage

Date Filed

December 7, 2008


Case Title

In Re: Tribune Company Fraudulent Conveyance Litigation

Court

New York Southern

Nature of Suit

Other Statutory Actions

Case Number

1:11-md-02296

Judge

William H. Pauley, III

Law360 Coverage

Date Filed

December 20, 2011

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