Supreme Court Review Sought In Philly News Co. Ch. 11 Claim

Law360, Philadelphia (November 30, 2012, 5:21 PM EST) -- A charter schools company earlier this month urged the U.S. Supreme Court to review a case in which it seeks a $1.8 million administrative expense claim from the formerly bankrupt former parent of the Philadelphia Inquirer stemming from allegations of defamation.

Charter School Management Inc. claims a bankruptcy court violated the company's due process rights by holding expedited hearings in the case without reason. Philadelphia Newspapers LLC, which entered bankruptcy in 2009 and since has exited and been sold multiple times, objected to the merits of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.