Tribune Creditors Slam Opponents' 'Holdup Tactics'

Law360, New York (May 18, 2010, 7:37 PM EDT) -- JPMorgan Chase Bank NA and a group of Tribune Co.'s creditors have shot back at another group of lenders seeking to derail the media company's Chapter 11 plan and disclosure statement, accusing the opposing lenders of unfair tactics.

The appointment of an examiner in the case should be no obstacle to the hearing currently planned for Thursday, JPMorgan and the creditors said in the U.S. Bankruptcy Court for the District of Delaware on Monday.

“The opponents of the debtors' proposed plan cannot now use the examiner's...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.