Law360, New York (January 24, 2011, 8:00 PM EST) -- Noteholders in the Tribune Co.’s bankruptcy fought in court on Monday for access to documents concerning the settlement of claims against lenders involved in Sam Zell’s ill-fated 2007 leveraged buyout of the media giant.
Hedge fund Aurelius Capital Management LP — which leads a group of noteholders that has filed a competing reorganization plan in the case — argued in the U.S. Bankruptcy Court for the District of Delaware that it needs additional discovery to determine if the settlement between Tribune and its lenders in the...
Tribune Noteholders Want Discovery Into Buyout Deal
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login
