Big Tribune creditors seek control of bankruptcy case

A large group of prominent investment firms sought to wrest control of the Tribune Co. bankruptcy case Tuesday in a move that threatens to intensify a pitched battle between senior and junior creditors. In a filing Tuesday with the U.S. Bankruptcy Court in Delaware, the group asked Judge Kevin Carey to deny a request by Tribune management to extend its exclusive right to file a reorganization plan for the media company, which is the parent of the Los Angeles Times. The group hopes to win its own right to propose a plan that would enhance senior creditor returns at the expense of the junior creditors.