Originally published: June 9, 2012
Last updated: June 9, 2012 - 12:17pm
The judge overseeing Tribune Company's bankruptcy adjourned a hearing on the company's reorganization plan and said he'll issue a decision by July.
With some of the parties in the case still haggling over some final language for the plan, Delaware Bankruptcy Court Judge Kevin Carey left open the possibility of a follow-up conference call if they can't resolve their differences and send him the final plan by next week. Still, he's expected to approve the Chicago-based media company's fourth amended bankruptcy plan and put the company on a path to exiting the 3½-year-old proceedings later this year.
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