{"id":28395,"date":"2012-04-11T07:18:50","date_gmt":"2012-04-11T11:18:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28395"},"modified":"2012-04-11T07:18:50","modified_gmt":"2012-04-11T11:18:50","slug":"ruling-moves-tribune-closer-to-bankruptcy-exit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2012\/ruling-moves-tribune-closer-to-bankruptcy-exit.html","title":{"rendered":"Ruling Moves Tribune Closer to Bankruptcy Exit"},"content":{"rendered":"<p>Reuters &#8211; Tribune Co., the bankrupt publisher of the\u00a0<em>Chicago Tribune<\/em>\u00a0and\u00a0<em>Los Angeles Times<\/em>, moved closer to ending its three-year bankruptcy after a judge resolved lingering disputes about the order in which noteholders should be repaid.<\/p>\n<p>Monday&#8217;s [April 9] ruling by Delaware Bankruptcy Judge Kevin Carey also found that the company&#8217;s proposed plan to emerge from bankruptcy does not unfairly discriminate against certain creditors. That could blunt one line of attack against the company&#8217;s bankruptcy plan, which could once again come under fire from noteholders when Mr. Carey is asked to approve it at a June 7 hearing. &#8220;This puts us on a flight path to successful emergence,&#8221; said David LeMay, an attorney with Chadbourne &amp; Parke LLP, which represents the unsecured creditors committee in the bankruptcy.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail20438.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Tribune Co., the bankrupt publisher of the\u00a0Chicago Tribune\u00a0and\u00a0Los Angeles Times, moved closer to ending its three-year bankruptcy after a judge resolved lingering disputes about the order in which noteholders should be repaid. Monday&#8217;s [April 9] ruling by Delaware [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28395","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=28395"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28395\/revisions"}],"predecessor-version":[{"id":28396,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28395\/revisions\/28396"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}