Law360, New York (November 12, 2009) -- Bankrupt television station owner Ion Media Networks Inc. has fended off a creditor's last-ditch attempt to buy a controlling stake in the company and will reorganize under the original terms of its prepackaged Chapter 11 plan.
At a hearing Thursday Judge James M. Peck of the U.S. Bankruptcy Court for the Southern District of New York said he would approve the plan put forward by the...
