Philly Inquirer Minority Owners Want Dissolution In Pa.

Law360, Wilmington (February 4, 2014, 8:17 PM EST) -- Minority owners of the Philadelphia Inquirer urged a Delaware Chancery judge Tuesday to sideline a petition filed by a rival ownership faction seeking dissolution of the newspaper’s Delaware-formed parent company, saying a Pennsylvania state court is better equipped to handle the matter.

At a hearing in Wilmington, Del., Intertrust GCN LP said the Chancery Court should stay or dismiss the rival group's petition to dissolve parent Interstate General Media Holdings LLC in favor of its own petition in Pennsylvania state court.

The Philadelphia County Court of...
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