Tribune Co. Edges Closer to Bankruptcy Court Exit
Posted: 6/7/2012 | By: Michael Oneal | Chicago Tribune
It took 31/2 years and at least $410 million in fees billed by
lawyers and other professionals, but it appearsTribune Co.may be on the
verge of winning approval for a plan to emerge from bankruptcy court.
The Chicago-based media company and its creditors must appear before U.S. Bankruptcy Judge Kevin Carey for a confirmation hearing starting Thursday afternoon in Wilmington, Del.