Tribune Media Company

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Case overview

Case Number:

1:08-bk-13141

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. March 07, 2013

    Ex-Tribune Execs Say Trustee Can't Grab $46M Clawback Suits

    Terminated Tribune Co. executives on Wednesday asked a Delaware bankruptcy judge to reject a bid by the litigation trustee to take control of clawback suits targeting $46 million they received as compensation, saying the actions rightfully belong to the now-reorganized company.

  2. March 04, 2013

    Tribune Bond Trustees Seek $13.2M For Investigating LBO

    Two trustees for Tribune Co. bondholders asked a Delaware bankruptcy judge Friday for a total of $13.2 million in reimbursement, each trumpeting that their calls for investigation into the media giant's catastrophic leveraged buyout resulted in greatly improved recoveries for creditors.

  3. January 17, 2013

    Tribune Plans To Drop Most Clawback Suits Against Execs

    An attorney for Tribune Co. told a Delaware bankruptcy judge Wednesday that the recently reorganized media giant intends to toss the lion's share of clawback suits launched against its executives once it is assigned them.

  4. November 16, 2012

    Tribune Poised To Exit Ch. 11 After FCC Approves Licenses

    The Federal Communications Commission cleared Tribune Co. on Friday to transfer its broadcast licenses to new ownership, removing the final obstacle to the media giant's exit from a four-year stint in bankruptcy.

  5. September 28, 2012

    Tribune Wants Examiner To Stay On Records Duty

    Tribune Co. said Friday that the bankruptcy examiner who investigated the disastrous 2007 leveraged buyout of the media giant should not be released from his duty to retain records from the probe, citing the potential need for the documents in looming litigation over the buyout.

  6. September 13, 2012

    Ex-Tribune Examiner Urges Judge To End Retention Period

    The former examiner to the Tribune Co. bankruptcy asked a Delaware bankruptcy judge Thursday to deny a company executive's request to extend the retention period for documents from his investigative record, arguing that doing so would expose him to unnecessary harassment.

  7. September 10, 2012

    Tribune Creditors Can't Appeal $1.5B Bond Order: 3rd Circ.

    Junior creditors of Tribune Co., including Aurelius Capital Management LP, that are challenging a bankruptcy court's demand that they post a $1.5 billion bond to stay the media giant's restructuring for an appeal can't contest the order in an appeals court, the Third Circuit said Monday.

  8. August 22, 2012

    Trib Creditors Must Hand Over $1.5B Bond To Stay Ch. 11 Plan

    A Delaware bankruptcy judge on Wednesday agreed to stay the implementation of Tribune Co.'s Chapter 11 reorganization plan pending an appeal of the plan's key settlement with senior lenders, provided the junior creditors opposing the deal put up a bond of $1.5 billion.

  9. August 17, 2012

    Tribune Rips Creditors' Bid To Delay Ch. 11 Plan

    Tribune Co. on Friday clashed with junior creditors seeking to delay the implementation of its reorganization plan pending an appeal of the plan's key settlement with senior lenders, saying the media giant cannot afford to languish in Chapter 11 any longer.

  10. August 06, 2012

    Tribune Can Pursue $300M BofA, Merrill Credit Facility

    A Delaware bankruptcy judge on Monday signed off on Tribune Co.'s proposed $225,000 payment to Bank of America NA and Merrill Lynch Pierce Fenner & Smith Inc. as the first step toward securing a $300 million credit facility.

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