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.
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.
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.
Nearly $400M lighter in debt, Star Tribune prepares to exit bankruptcy but with same pressuresSeptember 14th, 2009 Lighter in debt, Star Tribune nears Ch. 11 exitMINNEAPOLIS — When the Star Tribune emerges from bankruptcy protection later this month, Minnesota's largest newspaper will be far leaner than it once was — but with the same pressure to generate revenue.
Former Wall Street Journal publisher among those picked to lead post-bankruptcy Star TribuneAugust 31st, 2009 Ex-WSJ publisher among picks to lead Star TribuneMINNEAPOLIS — A former publisher of The Wall Street Journal and the head of a newspaper company are among four new board members chosen by the Star Tribune's main lenders to lead the newspaper after it emerges from bankruptcy protection. The Star Tribune said Monday that unless another buyer emerges, its board of directors will include L.
Judge clears Chapter 11 reorganization plan for newspaper publisher Journal RegisterJuly 7th, 2009 Reorg plan cleared for publisher Journal RegisterNEW YORK — A federal bankruptcy judge in New York has cleared the way for newspaper publisher Journal Register Co. to emerge from Chapter 11 protection.
Star Tribune Co. files reorganization plan with goal of emerging from bankruptcy in fallJune 19th, 2009 Star Tribune Co. files bankruptcy reorganizationMINNEAPOLIS — The Star Tribune Co.
Secured creditors would take over Star Tribune under Chapter 11 reorganization planJune 19th, 2009 New owners for Star Tribune under reorg planMINNEAPOLIS — The Star Tribune's main lenders will become its new owners and choose new management under a reorganization plan designed to help the financially struggling newspaper emerge from bankruptcy protection in September. Existing owners, including majority stakeholder Avista Capital Partners, would find their shares wiped out, and unsecured lenders would get only a small cash payment or new common stock.
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.
Teamsters threaten to strike, shut down Star Tribune if newspaper allowed to scrap contractJune 2nd, 2009 Teamsters threaten to shut down Star TribuneMINNEAPOLIS — The Teamsters union is threatening a strike it says would likely shut down the Star Tribune if the newspaper, which is in bankruptcy protection, is allowed to scrap its contract with unionized drivers. Teamsters Local 638 filed its opposition Monday to the newspaper's proposal to reject the contract.
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.
Judge considers Tribune requests to make bonus, severance paymentsMay 12th, 2009 Judge weighs Tribune employee paymentsWILMINGTON, Del. — A Delaware bankruptcy judge is set to hear arguments on a request by the Tribune Co.
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.
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