2nd Circ. Says Tribune Creditors Can't Touch Stock Payouts

By Jody Godoy (March 24, 2016, 6:31 PM EDT) -- The Second Circuit on Thursday said Tribune Co. creditors can't claw back $8.3 billion stockholders received in a leveraged buyout ahead of the company's bankruptcy, holding that the Bankruptcy Code prohibits such actions because they would saddle the market with uncertainty....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!