Tribune Creditors Win Access To Examiner Report

Law360, New York (July 29, 2010, 6:32 PM EDT) -- Ahead of a vote on a controversial reorganization plan, Tribune Co. creditors on Thursday won access to a report that concluded the 2007 leveraged buyout of the company involved fraudulent transfers.

Judge Kevin Carey of the U.S. Bankruptcy Court for the District of Delaware ordered that the creditors and the U.S. trustee be allowed access to the report, which was authored by court-appointed bankruptcy examiner Kenneth Klee and submitted in heavily redacted form earlier this week.

Klee, a professor at UCLA School of Law, released a...
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