Unhappy Creditors Want Tribune Plan Put on Hold
August 21, 2012
Creditors unhappy with Tribune Company's plan to exit bankruptcy protection are asking a judge to halt it while they appeal. The judge in Delaware approved the plan last month. But some creditors are challenging the settlement of legal claims stemming from Tribune's 2007 leveraged buyout and the treatment of certain bondholders under the plan.
Unhappy Creditors Want Tribune Plan Put on Hold