Tribune Bankruptcy Hits Another Holdup

Kellerhals, Richard
August 2010
High Yield Report;8/9/2010, Vol. 21 Issue 32, p30
The article reports on the findings by Kenneth Klee, a court-appointed examiner, that executives of the Tribune Co. were allegedly involved in intentional fraud. The findings led to the decision of creditors to ask for the rescheduling of the approval of the reorganization plan of the company. Klee revealed that financial documents were made by the executives to sell the company to Sam Zell.


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