Lender Tries To Keep Appeal Of Ion Ch. 11 Plan Alive

Law360, New York (December 17, 2010, 2:29 PM EST) -- Cyrus Select Opportunities Master Fund Ltd. has lashed out at Ion Media Networks Inc.'s request for a court order closing the book on its bankruptcy, saying that doing so would interfere with the creditor's appeal of the Chapter 11 plan.

Cyrus filed an objection Thursday to Ion's motion for a final order closing its cases in the U.S. Bankruptcy Court for the Southern District of New York.

Such an order would directly interfere with the jurisdiction of the U.S. District Court for the Southern District of...
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