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Tribune Media Company

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Case overview

Case Number:

1:08-bk-13141

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

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  1. February 02, 2012

    Tribune Judge Mulls Lifting Stay Of LBO Clawback Suits

    Tribune Co. lobbied a Delaware bankruptcy judge on Thursday to maintain a stay of dozens of lawsuits seeking to claw back billions from the media giant's former shareholders, saying the litigation will distract from efforts to end its marathon stint in Chapter 11.

  2. January 27, 2012

    Trustees Fight Stay Extension On Tribune Clawback Suit

    A Deutsche Bank AG unit and two other trustees urged a Delaware bankruptcy judge Friday against extending a stay in the Tribune Co. bankruptcy that covers a $28.7 million clawback suit against ex-Tribune CEO Dennis J. FitzSimons that is bound for federal court.

  3. January 12, 2012

    Plaintiffs Seek To Lift Stay Of Tribune Clawback Suits

    Plaintiffs in a multidistrict litigation hoping to claw back billions from former Tribune Co. shareholders asked a Delaware bankruptcy judge on Thursday to lift a stay of the suits, saying they no longer have any bearing on the media giant's bankruptcy and should be allowed to proceed.

  4. November 22, 2011

    Tribune Settles Pay Dispute With Ex-CEO Randy Michaels

    Bankrupt Tribune Co. agreed Tuesday to pay former CEO Randy Michaels up to $725,000 to settle his claims that he was entitled to his share of a $43 million bonus package for executives approved by a Delaware bankruptcy court last year.

  5. November 21, 2011

    Tribune Offers New Ch. 11 Plan With Eye On Feb. Exit

    Tribune Co. on Friday lodged a third amended reorganization plan, saying the changes resolve technical defects that doomed its prior plan and should allow the media giant to end its three-year stint in bankruptcy by February.

  6. November 15, 2011

    Tribune Creditors Urge Judge To Rethink Plan Rejection

    Several Tribune Co. noteholders asked a Delaware judge Monday to reconsider portions of his Oct. 31 decision rejecting two competing reorganization plans for the bankrupt media company, in particular the ruling that appeared not to subordinate claims based on certain debt instruments.

  7. October 31, 2011

    Both Ch. 11 Plans Nixed, Tribune Threatened With Trustee

    A Delaware bankruptcy judge on Monday denied both proposed reorganization plans for the Tribune Co. and threatened to appoint a Chapter 11 trustee if warring creditor factions fail to put forth an exit strategy to pull the media giant out of bankruptcy.

  8. October 19, 2011

    Bankruptcy Judge OKs $32M Deal In Tribune's ERISA Suit

    A Delaware bankruptcy judge on Wednesday cleared a $32 million settlement of an Employee Retirement Income Security Act class action spawned by the infamous 2007 leveraged buyout of Tribune Co. that propelled the media giant into court protection.

  9. October 04, 2011

    Judge OKs $32M In Exec Bonuses At Bankrupt Tribune

    A Delaware bankruptcy judge on Tuesday approved a Tribune Co. bonus plan that is likely to pay out about $32 million to the troubled media giant's management team for 2011.

  10. August 25, 2011

    Tribune Settles Labor Dispute With Paper Hawkers

    Tribune Co. reached a $325,000 preliminary settlement on Wednesday with a putative class of free daily newspaper promoters who sued the bankrupt media holdings company for allegedly misclassifying them as independent contractors.