Deutsche Bank Ends Suit Over $8.5B Tribune Buyout

Law360, New York (August 9, 2011, 9:03 PM EDT) -- Deutsche Bank AG on Tuesday ended its suit in Florida federal court seeking to recover payouts the Florida Retirement System and other former Tribune Co. shareholders received in the $8.5 billion leveraged buyout that bankrupted the publisher.

U.S. District Judge James Cohn signed off on the voluntary dismissal of the suit by Deutsche Bank and other indenture trustees, leaving the plaintiffs to wage scores of other suits in their nationwide effort to salvage funds for noteholders owed $2.5 billion.

Deutsche Bank, the Law Debenture Trust Co....
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