Philly Inquirer Owners Say Pa. Court Can't Dissolve Company

Law360, Philadelphia (January 24, 2014, 1:57 PM EST) -- A faction of the Philadelphia Inquirer’s feuding ownership group told a Pennsylvania state judge on Wednesday that she lacked clear authority to issue an order dissolving the paper’s parent company and asked that she defer to parallel dissolution proceedings currently pending in the Delaware Court of Chancery.

General American Holdings LLC, an entity representing the majority owners of Inquirer parent Interstate General Media Holdings LLC, said in a brief that IGM’s incorporation in Delaware meant that a Philadelphia County judge lacked the authority to rule on...
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