August 26, 2020
A Third Circuit appeals panel affirmed two lower courts' decisions Wednesday to confirm the Chapter 11 plan of media conglomerate Tribune Co. over senior noteholder claims they received less recovery than other creditors, but created a new test for unfairness in so-called cramdown cases.
April 13, 2016
A Delaware federal judge sent Wilmington Trust Co.'s challenge of the bankruptcy court's denial of its $30 million unsecured claim for post-petition attorneys' fees in the Tribune Media Co. Chapter 11 directly to the Third Circuit late Tuesday, ruling there is no controlling precedent governing the issue.
October 08, 2013
A Delaware bankruptcy judge Tuesday expunged a late-filed $1.3 million tax claim against reorganized media giant Tribune Co., rejecting Cook County's contention that the Bankruptcy Code permits tardy priority claims to trump allowed unsecured claims.
June 07, 2013
Tribune Co. on Thursday urged a Delaware bankruptcy judge to let it begin mediation with a trio of bond trustees to resolve the continuing fight over fee requests, with or without the participation of the U.S. trustee.
May 24, 2013
Reorganized media conglomerate Tribune Co. objected Thursday to a $20 million claim in its bankruptcy case made by the estate of the late former U.S. Rep. Parren Mitchell over a dismissed 2002 invasion of privacy lawsuit against the Baltimore Sun and two reporters, saying the claim has no merit.
April 19, 2013
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.
April 11, 2013
The U.S. Trustee's Office objected Wednesday to more than $13 million in requests for administrative fees from two bondholders' trustees in media conglomerate Tribune Co.'s bankruptcy case, saying the companies' efforts did not make a substantial contribution to the case.
March 29, 2013
Tribune Co. urged a Delaware bankruptcy judge Thursday to spike requests from bondholders' trustees looking to recoup $13.2 million in administrative expenses, saying their claims to have provided a substantial benefit are belied by their continual efforts to impede the company's reorganization.
March 22, 2013
The U.S. trustee in the Tribune Co. bankruptcy case on Thursday objected to a request from Jenner & Block LLP for more than $165,000 in fees for the months of November and December 2012, arguing that the law firm provided inadequate time entries for its work during the time period.
March 14, 2013
Tribune Co.'s litigation trustee on Thursday won control of clawback suits originally launched by the media giant's now-disbanded creditors committee in an attempt to recover $46 million in allegedly preferential payments made to 18 terminated Tribune executives.