Tribune Bankruptcy

Zell Out As CEO Of Tribune Company

AP | ANDREW VANACORE | Posted 12.02.2009 | Chicago


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...

Tribune Bankruptcy Reorganization Plan Given Until February

AP | RANDALL CHASE | Posted 12.01.2009 | Chicago


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 10.28.2009 | Chicago


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

Tribune Won't Leave Bankruptcy This Year: Zell

Chicago Tribune | Phil Rosenthal | Posted 10.28.2009 | Chicago


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...

Chicago Cubs Sale Approved By Bankruptcy Judge

AP | Posted 11.24.2009 | Chicago


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 09.14.2009 | Media


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...

Sam Zell: Tribune May Exit Bankruptcy This Year

Editor and Publisher | Posted 08.29.2009 | Media


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 06.12.2009 | Media


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 03.28.2009 | Chicago


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...

Tribune Co. Wants To Keep LA Times, WGN

Chicago Tribune | Michael Oneal | Posted 02.19.2009 | Chicago


A month into its Chapter 11 bankruptcy case, Chicago-based Tribune Co. is beginning to form a strategy for holding the company's major assets together...

Sidley Austin Charging $1100/Hour For Tribune Bankruptcy Work

Bloomberg | Linda Sandler and Lindsay Fortado | Posted 01.30.2009 | Business


Dec. 30 (Bloomberg) -- Sidley Austin lawyers are asking as much as $1,100 an hour for bankruptcy work on Tribune Co., surpassing the rates charged by ...

Tribune Co. Spent $3 Million In Legal Fees Before Bankruptcy Filing

Chicago Tribune | Ameet Sachdev | Posted 01.30.2009 | Chicago


Before Tribune Co. sought bankruptcy protection on Dec. 8, the Chicago-based media company and Chicago Tribune owner had spent nearly $3 million for l...

All's Well That Ends Zell

Marty Kaplan | Posted 01.10.2009 | Media


Marty Kaplan

Sam Zell didn't cause the crisis in modern journalism, but he did turn a superb and profitable institution into a basket case. The people who work there, and the people who read it, deserve way better.

Illinois Governor's Advice To Zell: Change Tribune Editorial Board

Chicago Tribune | Rick Pearson | Posted 01.08.2009 | Chicago


Gov. Rod Blagojevich said today he didn't view it as surprising that Tribune Co. filed for protection under the federal bankruptcy code and said he be...

Cubs Say Tribune Bankruptcy Filing Won't Affect Team

Crain's Chicago Business | Mike Colias | Posted 01.08.2009 | Chicago


Tribune Co.'s bankruptcy filing won't scrap or delay plans to sell the Chicago Cubs, the team said Monday. The team was not included in Tribune's Cha...

Tribune May File For Bankruptcy

AP | Posted 01.07.2009 | Media


CHICAGO — Tribune Co., owner of the Los Angeles Times and Chicago Tribune, other newspapers and the Chicago Cubs and Wrigley Field, has hired fi...