We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Phila., New Haven Newspaper Publishers File Ch. 11

Law360 (February 23, 2009, 12:00 AM EST) -- Two more newspaper publishers sought bankruptcy protection over the weekend as the industry continues to suffer from declining circulations and advertising revenue.

The Journal Register Co. — owner of the New Haven Register, 19 other daily newspapers, 159 nondaily publications and about 200 Web sites — filed its Chapter 11 petition Saturday in the U.S. Bankruptcy Court for the Southern District of New York, listing assets of about $596 million and liabilities of about $737 million.

A day later, Philadelphia Newspapers LLC — which owns the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.