Tribune Bankruptcy

Tribune Broadcasting: No Deal Reached With DirecTV

AP | Posted 04.02.2012

NEW YORK (AP) — DirecTV Inc. subscribers in 19 U.S. markets have lost access to certain programming, after Tribune Broadcasting said it failed to re...

Tribune Bankruptcy Case Like To Extend

AP | Posted 02.29.2012

WILMINGTON, Del. (AP) — Media company Tribune Co. likely won't emerge from bankruptcy protection until at least this summer. Tribune,...

Sam Zell, Tribune Co. Chief, Sues Shareholders

The Hollywood Reporter | Posted 02.20.2012

His suit argues that the chairman of the media company should be paid along with other creditors should a court rule that his buyout of the firm was a...

Los Angeles Times Editor Steps Down

Posted 12.15.2011

The Los Angeles Times announced on Tuesday that executive vice president and editor Russ Stanton will step down just before the new year. Managing edi...

Tribune Co. Agrees To Pay Former CEO Up To $725K

AP | Posted 01.23.2012

WILMINGTON, Del. — Tribune Co., which is working to emerge from bankruptcy protection, has agreed to pay former CEO Randy Michaels up to $725,00...

Tribune Bankruptcy Plans Rejected By Judge

AP | RANDALL CHASE | Posted 01.01.2012

WILMINGTON, Del. — A federal judge on Monday rejected Tribune Co.'s plan to emerge from bankruptcy protection, along with a rival plan from diss...

Bankruptcy Judge Approves Tribune's Bonuses To Executives

AP | RANDALL CHASE | Posted 12.05.2011

DOVER, Del. — A bankruptcy judge in Delaware has authorized Tribune Co. to pay millions of dollars in bonuses to managers. Tribune says it need...

Tribune Cuts More Jobs, Reorganizes Newspapers

AP | Posted 09.17.2011

CHICAGO — The top executive at the Chicago Tribune will oversee six other Tribune Co. daily newspapers as part of a reorganization that will eli...

Judge Hopes Tribune Hearing Will End Soon

AP | RANDALL CHASE | Posted 06.13.2011

WILMINGTON, Del. — A hearing to determine the fate of the Tribune Co.'s proposed reorganization plan resumed Tuesday with attorneys for Tribune ...

Tribune's Troubled Buyout: Emails Show Concerns About Fraud

AP | RANDALL CHASE | Posted 05.25.2011

WILMINGTON, Del. — JPMorgan Chase executives raised concerns about the credit risk at Tribune Co. one day after it helped finance a leveraged bu...

Tribune Bankruptcy Case: Judge To Weigh In

AP | MICHAEL LIEDTKE | Posted 05.25.2011

A two-week hearing begins Monday to determine the fate of Tribune Co. more than two years after an ill-advised $8.2 billion buyout drove one of the ol...

Tribune Creditors Want To Sue Sam Zell

AP | Posted 05.25.2011

NEW YORK — Tribune Co.'s junior creditors are asking a bankruptcy judge for the right to sue Sam Zell and others involved in his 2007 buyout tha...

Bankruptcy Judge: Tribune Co. Can't File New Reorganization Plan

AP | RANDALL CHASE | Posted 05.25.2011

WILMINGTON, Del. — A federal judge overseeing Tribune Co.'s bankruptcy case refused Tuesday to let a group of creditors file an alternative to t...

D.O.A.: Lenders Cry Foul Over Tribune Bankruptcy Plan

AP | MICHAEL LIEDTKE | Posted 05.25.2011

The Tribune Co. would give ownership of the Los Angeles Times, Chicago Tribune and other media properties to its main creditors under a bankruptcy reo...

PHOTOS: Trib Execs Have Lavish Poker Party As Newspaper Sinks

Posted 05.25.2011

Images posted by Robert Feder, a long-time Chicago Sun-Times columnist who now writes for WBEZ's Vocalo.org blog, show executives from the Chicago Tri...

Tribune Company's Bankruptcy Bonuses: $15M For Top Executives

AP | RANDALL CHASE | Posted 05.25.2011

DOVER, Del. — The Tribune Co. wants to pay top executives and managers more than $15 million in bonuses as part of its bankruptcy reorganization...

Tribune Won't Leave Bankruptcy This Year: Zell

Chicago Tribune | Phil Rosenthal | Posted 05.25.2011

Saying his investment in Chicago Tribune parent Tribune Co. represents "certainly the most amount of money I've ever lost in a single deal" billionair...

Tribune Bankruptcy Reorganization Plan Given Until February

AP | RANDALL CHASE | Posted 05.25.2011

WILMINGTON, Del. — A Delaware bankruptcy judge on Tuesday granted the Tribune Co. more time to submit a Chapter 11 reorganization plan. Judge K...

Bankruptcy Judge Defers Action On Lawsuit Against Tribune Co.

AP | Posted 05.25.2011

WILMINGTON, Del. — A Delaware bankruptcy judge has deferred action on the Tribune Co.'s request to halt a lawsuit alleging that Chairman Sam Zel...

Zell Out As CEO Of Tribune Company

AP | ANDREW VANACORE | Posted 05.25.2011

NEW YORK — Sam Zell, the real estate mogul who took Tribune Co. private a year before the media company was forced to enter bankruptcy protectio...

Chicago Cubs Sale Approved By Bankruptcy Judge

AP | Posted 05.25.2011

WILMINGTON, Del. — A federal bankruptcy judge cleared the way Thursday for the Tribune Co. to sell the Chicago Cubs and the storied Wrigley Fiel...

Tribune Creditors Working To Force Sam Zell Out: Report

Chicago Sun-Times | DAVID ROEDER | Posted 05.25.2011

Eight months after the filing, two sources familiar with the process said creditors are working on a reorganization plan that elbows Zell aside. The c...

Tribune Chairman: Paper May Exit Bankruptcy This Year

Editor and Publisher | Posted 05.25.2011

CHICAGO A day after Tribune Co. asked a bankruptcy court for more time to complete its reorganization plan, Chairman and CEO Sam Zell said Tuesday the...

Judge To Weigh Whether Tribune Can Pay 2008 Employee Bonuses, Severance Payments

AP | RANDALL CHASE | Posted 05.25.2011

WILMINGTON, Del. — The Tribune Co. can pay more than $13 million in bonuses to almost 700 employees for their work last year, a federal bankrupt...

Tribune Tower Taken Off The Market

Crain's Chicago Business | Eddie Baeb | Posted 05.25.2011

Tribune Co. has scrapped plans to put the Tribune Tower up for sale because of cratering real estate prices and the company's late-year bankruptcy pro...