Leave it to a hedge fund named for a philosophical Roman emperor to try to turn a contentious corporate bankruptcy into a campaign for decency and morality.
Mark Brodsky, chairman of Aurelius Capital Management, is at the center of a fight over how creditors in the long-running Tribune Co bankruptcy case will be repaid. A trial was starting on Monday, with Brodsky pushing to have a trust set up to pursue potential legal claims over the publisher’s leveraged buyout, rather than settle many claims as the company prefers.
