WWE-RPG
ÜYE oLMASSAN bIRAKMAM LEN Very Happy

WWE-RPG

Gerçek RPG!!!!!
 
AnasayfaKapıTakvimGaleriSSSAramaÜye ListesiKullanıcı GruplarıKayıt OlGiriş yap
Arama
 
 

Sonuç :
 
Rechercher çıkıntı araştırma
En son konular
» ]Cheap Christian Louboutin Shoes[
Salı Ocak 22, 2013 9:40 am tarafından cangliang

» Louboutin Boots Sale
Salı Ocak 22, 2013 9:39 am tarafından cangliang

» Christian Louboutin Sale
Salı Ocak 22, 2013 9:37 am tarafından cangliang

» Prada Belts
Cuma Ocak 18, 2013 3:58 am tarafından cangliang

» Prada Belts
Cuma Ocak 18, 2013 3:49 am tarafından cangliang

» Prada Belts
Cuma Ocak 18, 2013 3:48 am tarafından cangliang

» Cheap Hermes Belts
Ptsi Ocak 14, 2013 6:19 am tarafından cangliang

» Hermes Birkin bags
Ptsi Ocak 14, 2013 6:18 am tarafından cangliang

» Hermes Constance Bags
Ptsi Ocak 14, 2013 6:17 am tarafından cangliang

Tarıyıcı
 Kapı
 Indeks
 Üye Listesi
 Profil
 SSS
 Arama
Forum
Ortaklar
bedava forum

Paylaş | 
 

 Judge rejects Tribune Co's plan to exit bankruptcy

Önceki başlık Sonraki başlık Aşağa gitmek 
YazarMesaj
Swinderman
Üye
Üye


Mesaj Sayısı : 1
Kayıt tarihi : 11/10/10

MesajKonu: Judge rejects Tribune Co's plan to exit bankruptcy   Salı Kas. 01, 2011 9:04 am

The judge also rejected a competing plan from the company's noteholders and but said the company's plan had stronger creditor backing and could be waycheap nfl jerseys out of bankruptcy.

"Neither the (company plan) nor the noteholder plan is confirmable. I am uncertain, at this point, what steps the debtors or other parties may take as a consequence of this decision," wrote Delaware's chief bankruptcy judge, Kevin Carey, in a 126-page opinion.

Carey was charged with deciding a range of legal questions, but the key issue was which plan was legally confirmable and offered the company the best path for repaying creditors and ending its bankruptcy.

Tribune, which also owns more than 20 television stations, filed for bankruptcy in 2008, one year after financier Sam Zell led a $13 billion leveraged buyout of the company.

The bankruptcy wiped out more than a biwholesale nfl jerseysllion dollars of the company's notes and the two bankruptcy plans essentially differed in how they treat legal claims from the buyout.

The company and lenders, led by JPMorgan Chase & Co and hedge funds, proposed a settlement payment of around $500 million to noteholders. Noteholders, led by Aurelius Capital Management LP, an uncompromising hedge fund, rejected that as too cheap and wanted to sue those responsible for the buyout.

In a victory for Tribune and its lenders, Carey said the settlement was reasonable and should be approved.

He also acknowledged that the company-backed plan had overwhelming support from various creditors. However, said he was bound by bankruptcy law that essentially allowed the supporters of the company plan to torpedo the noteholder plan and vice versa, making both plans unconfirmable.

Carey also found other flaws with both plans. He wrote that if both the noteholders and the company presented him with plans that fixed the flaws he identified, he would approve the company's plan.

Under either plan, the company would emerge from bankruptcy under the control of lenders. The company also needs the Federal Communications Commission Cheap NFL Jerseysto approve the transfer of the ownership of the broadcast licenses before it can exit bankruptcy.

Carey issued a warning, however, that if a viable exit strategy did not present itself, he would appoint a trustee to replace Tribune's management and find a way to end the bankruptcy.

He set a status hearing for November 22.

Tribune is the fifth-largest U.S. publisher measured by the daily circulation of its papers, according to Dirks, Van Essen & Murray, a newspaper brokerage firm.

The case is In re Tribune Co, U.S. Bankruptcy Court, District of Delaware, No. 08-13141.http://www.muicamau.org/t15408-topic
Sayfa başına dön Aşağa gitmek
Kullanıcı profilini gör
 
Judge rejects Tribune Co's plan to exit bankruptcy
Önceki başlık Sonraki başlık Sayfa başına dön 
1 sayfadaki 1 sayfası

Bu forumun müsaadesi var:Bu forumdaki mesajlara cevap veremezsiniz
WWE-RPG :: Duyurular-
Buraya geçin: