Performance parts maker Holley seeks bankruptcy protectionSeptember 30th, 2009 Holley Performance files Chap. 11 bankruptcyWILMINGTON, Del.
Star Tribune emerges from bankruptcy protection with new ownership, reduced debtSeptember 30th, 2009 Star Tribune emerges from bankruptcy protectionMINNEAPOLIS — The Star Tribune of Minneapolis has emerged from bankruptcy protection with new ownership and reduced debt. In emerging from Chapter 11 on Monday, the Star Tribune is now owned primarily by its senior lenders, led by investment group Angelo, Gordon & Co.
Star Tribune preparing to emerge from bankruptcy protection, actively seeking new publisherSeptember 30th, 2009 Star Tribune emerging from bankruptcy protectionMINNEAPOLIS — The Star Tribune is preparing to emerge from bankruptcy protection and is actively seeking a new publisher. Minnesota's largest newspaper says it will emerge from Chapter 11 protection Monday, complying with the timeline agreed to under a reorganization plan approved earlier this month.
Newspaper companies that have emerged from bankruptcy protectionSeptember 30th, 2009 Newspaper companies out of bankruptcy protectionNewspaper companies that have emerged from bankruptcy protection:
— American Community Newspapers LLC — The operator of three daily newspapers, including the Stillwater Gazette near Minneapolis, filed for bankruptcy protection in April, saying it was running out of cash "without any prospect of obtaining additional funding." In June, judge authorized sale of the company to senior creditors, cleared of most debts. Company now operates as American Community Newspapers II LLC.
Tribune executive defends proposed bonuses of up to $70 million in bankruptcy hearingSeptember 25th, 2009 Tribune exec defends bonus plan in Ch. 11 hearingWILMINGTON, Del.
Judge approves Star Tribune reorganization, company to emerge from Chapter 11 by month's endSeptember 17th, 2009 Judge approves Star Tribune reorganizationNEW YORK — A federal judge in New York has cleared the Star Tribune of Minneapolis to emerge from bankruptcy protection by the end of the month. As anticipated, Judge Robert D.
Bankruptcy judge approves Frontier Airlines reorganization plan, will emerge around Oct. 1September 10th, 2009 Frontier Airlines wins approval of bankruptcy planDENVER — A bankruptcy judge has confirmed the plan of reorganization for Frontier Airlines, moving the Denver-based carrier a step closer to emerging from Chapter 11 protection. Frontier says it resolved the few objections to its reorganization plan before winning approval from the judge in New York on Thursday.
Bankruptcy judge approves Dayton Superior disclosure statement; confirmation hearing setAugust 25th, 2009 Bankruptcy judge OKs Dayton Superior statementDAYTON, Ohio — Dayton Superior Corp., which makes products used in concrete construction, said a federal bankruptcy judge in Delaware has approved the company's disclosure statement. The company said late Monday the order signed by U.S.
Philly Newspapers gets 60 more days to file bankruptcy reorganization plan; creditors objectJune 16th, 2009 Philly Newspapers gets bankruptcy plan extensionPHILADELPHIA — A bankruptcy judge is giving Philadelphia Newspapers an additional 60 days to file a reorganization plan. Creditors owed nearly $400 million object to the extension.
Union, Star Tribune in Minneapolis have tentative agree contract; members vote WednesdayJune 13th, 2009 Union, Minneapolis paper have tentative agreementMINNEAPOLIS — A Teamsters official says the union representing drivers and the Star Tribune have tentatively agreed to a contract. Bob Moore, business agent for Teamsters Local 638, says the tentative agreement was reached Friday evening.
Both sides agree to delay hearing on Star Tribune request to terminate union drivers' contractJune 5th, 2009 Hearing delayed on Star Tribune drivers' contractMINNEAPOLIS — A Teamsters official says the union and the Star Tribune have agreed to postpone a bankruptcy court hearing set for next week on the newspaper's request to cancel its contract with unionized drivers. Bob Moore, business agent for Teamsters Local 638, says the newspaper asked for more information about the drivers' pension.
IRS auditing Tribune Co. employee stock ownership planMay 13th, 2009 IRS auditing Tribune employee stock planCHICAGO — The Internal Revenue Service is auditing a Tribune Co. deal involving its employee stock ownership plan, a major piece of Sam Zell's plan to take his media company private.
Bankruptcy court sets date for Charter Communications reorganization plan hearingMay 5th, 2009 Date set for Charter reorganization plan hearingST LOUIS — A date has been set for the confirmation hearing of Charter Communications Inc.'s reorganization plan as it seeks to emerge from bankruptcy, but lender objections remain. The St. Louis-based cable TV operator, which is controlled by Microsoft co-founder Paul Allen, said the U.S.
Rights to Dick Tracy character among pending issues in Tribune bankruptcy caseApril 30th, 2009 Hearing scheduled in Tribune bankruptcyWILMINGTON, Del. — Attorneys are headed to court to discuss Tribune Co.'s assertion that it owns the television and movie rights to comic book character Dick Tracy.
Chicago Tribune cuts 53 jobs in newsroom reorganization to weather economic downturnApril 23rd, 2009 Chicago Tribune makes latest job cutsCHICAGO — The Chicago Tribune cut 53 jobs on Wednesday as part of a newsroom reorganization designed to help it weather an economic downturn that has forced its parent company to seek Chapter 11 protection from creditors. The latest cuts, announced by Editor Gerould Kern in a staff memo, leave the newspaper with a newsroom staff of about 430.