Philly Newspaper Creditors Seek to Delay Auction
Creditors trying to take over Philadelphia's two major newspapers hope to delay next week's scheduled bankruptcy auction while they challenge the bid rules. The creditors... More »
ABC News - Nov. 11, 2009
Judge reverses ruling on Philadelphia news bidding
By Jessica Hall NEW YORK (Reuters) - A federal judge Tuesday reversed a bankruptcy court ruling that would have allowed creditors of Philadelphia Newspapers LLC to use their... More »
CNN Money - Nov. 10, 2009
Judge reverses ruling on Philadelphia news bidding
Under Tuesday's ruling by U.S. District Judge Eduardo Robreno for the Eastern District of Pennsylvania, the newspaper owner now can bar creditors owed roughly $300 million... More »
Interactive Investor International - Nov. 10, 2009
Local group wins appeal in auction of newspapers
Philadelphia Newspapers L.L.C. can bar its senior lenders from using the $300 million they are owed to try to purchase the company at auction next week, a federal judge ruled... More »
Philadelphia Inquirer - Nov. 11, 2009
Key ruling in Ch. 11 case favors newspapers' owner;...
A federal judge ruled yesterday that the secured creditors of the Daily News and Inquirer do not have an automatic legal right to use their IOUs to bid for the newspaper... More »
Philadelphia Daily News - Nov. 11, 2009
Judge bars credit bid in Phila. Newspapers auction
Philadelphia Newspapers L.L.C. can bar its senior lenders from using the $300 million they are owed to try to purchase the company at auction next week, a federal judge ruled... More »
Philadelphia Inquirer - Nov. 11, 2009
Philly newspaper creditors seek to delay auction
... t 11:54 AM Comments (0) Print view Share Creditors trying to take over Philadelphia's two major newspapers hope to delay next week's scheduled bankruptcy auction while... More »
Seattle Times - Nov. 11, 2009
Key ruling in Ch. 11 case favors newspapers' owner;...
A federal judge ruled yesterday that the secured creditors of the Daily News and Inquirer do not have an automatic legal right to use their IOUs to bid for the newspaper... More »
Philadelphia Inquirer - Nov. 11, 2009
Judge bars credit bid in Phila. Newspapers auction
Philadelphia Newspapers L.L.C. can bar its senior lenders from using the $300 million they are owed to try to purchase the company at auction next week, a federal judge ruled... More »
Philadelphia Inquirer - Nov. 11, 2009
Report: Philadelphia Newspapers can block credit bid
The owner of the Philadelphia Inquirer can block creditors from using what they are owed to bid on the bankrupt company in an auction sale next week, the Inquirer was... More »
Houston Business Journal - Nov. 10, 2009