Ruling moves Tribune closer to bankruptcy exit ... - The Finance Room

on April 10, 2012 4:29 pm in Business News / no comments

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(Reuters) - Tribune Co, the bankrupt publisher of the Chicago Tribune and Los Angeles Times, moved closer to ending its three-year bankruptcy after a judge resolved lingering disputes about the order in which noteholders should be repaid. Monday's ruling by Delaware Bankruptcy Judge Kevin Carey also found that the company's proposed plan to emerge from bankruptcy does not unfairly discriminate against certain creditors. ...

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