Tribune, Creditors Agree To Appointment Of Examiner

Law360, New York (April 20, 2010, 1:23 PM EDT) -- Bankrupt news giant Tribune Co. and its creditors have agreed to the appointment of an examiner to investigate newspaper mogul Samuel Zell's 2007 leveraged buyout of the company, which left it more than $11 billion in debt.

Tribune and its creditors — including Wilmington Trust Co. as trustee for senior noteholders, the official committee of unsecured creditors, JPMorgan Chase Bank NA, Merrill Lynch Capital Corp., Citigroup Global Markets Inc., Bank of America NA, Centerbridge Credit Advisors LLC and a group of Tribune retirees — filed a...
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