Tribune Bond Trustee Fires Back at Reimbursement Objections

Law360, Wilmington (April 19, 2013, 10:16 PM EDT) -- A trustee for Tribune Co. bondholders reduced its administrative claim against the reorganized media giant by $1.5 million Friday but slammed opposition to the reimbursement request, saying that without its efforts creditors would have lost out on claims valued at more than $358 million.

In a response filed in Delaware bankruptcy court, indenture trustee Wilmington Trust Co. blasted Tribune and the U.S. trustee for objecting to its fee application, saying they attempted to unfairly diminish its key role in the investigation of the Chicago-based conglomerate's disastrous...
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