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Boston Herald Boosts Worker Focus In Ch. 11 Sale Plan

Law360, Wilmington (February 1, 2018, 7:12 PM EST) -- A bankrupt and up-for-sale Boston Herald on Thursday rejected its contract with the Communications Workers of America but secured Delaware bankruptcy court approval for a reworked sale process requiring part or all of any bid to include terms or cash that help cover displaced worker claims.

U.S. District Judge Laurie Selber Silverstein approved the approach after Herald counsel William R. Baldiga of Brown Rudnick LLP summed up a compromise order authorizing the collective bargaining agreement rejection and disclosed a potential but still-unnamed third bidder for the...
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