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Journal Register's Disclosure Statement OK'd

Law360 (May 6, 2009, 12:00 AM EDT) -- The bankruptcy court overseeing the Journal Register Co.'s Chapter 11 proceedings has approved the debtor's disclosure statement, giving the company a green light to solicit votes on its amended restructuring plan and setting the stage for a June 25 confirmation hearing.

On Tuesday, Judge Allan G. Gropper of the U.S. Bankruptcy Court for the Southern District of New York signed off on an order approving the disclosure statement, saying that it contained adequate information to allow creditors to make an informed decision about the plan. The...
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