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Somewhere in the third year of Tribune Co.'s marathon Chapter 11 proceeding, U.S. Bankruptcy Judge Kevin Carey looked out at a Delaware courtroom packed with high-priced attorneys and conceded the case had broken down into what he called a...
The last day of 2012 is the first of a new era for Tribune Co. After spending more than four years embroiled in a contentious Chapter 11 bankruptcy case, the reorganized Chicago-based media company will emerge Monday under new owners and a newly...
Los Angeles Times Staff WriterAfter more than 31/2 years of bitter legal conflict, the judge in Tribune Co.'s bankruptcy case said he would approve a plan to transfer ownership of the Chicago media company to a group of hedge funds and banks based in Los Angeles and New York. But...
A federal bankruptcy judge approved RG Steel's $767,000 "retention" plan for 21 employees Tuesday over the sharp objections of the United Steelworkers. The payments, approved by Judge Kevin J. Carey in Wilmington, include stipends for health insurance...
Tags: Unions, Health and Safety at Work, Employees, Bankruptcy, Judges
A settlement agreement ending health benefits for Sparrows Point workers Aug. 31 was approved Thursday in U.S. Bankruptcy Court in Wilmington, Del. The agreement, struck by mill owner RG Steel and the United Steelworkers union last week, also...
A Delaware bankruptcy judge has allowed environmental groups to appeal RG Steel's plan to limit its investigation of potential toxic contamination in the waters surrounding Sparrows Point. While bankruptcy filings normally put all litigation on hold, U....
The auction for RG Steel's Sparrows Point steel mill, expected Tuesday, will be delayed by a week. The sale of the Baltimore County facility as well as RG Steel's assets in Warren, Ohio, is now scheduled for 10 a.m. next Tuesday in New York. Attorneys...
The owner of the struggling Sparrows Point steel mill faces a tight deadline — late July — to sell the plant and other assets under the terms of an interim loan for up to $50 million that a U.S. Bankruptcy Court judge approved Friday. The...
Ripley's Believe It or Not, one of the first of several new tenants opening for the summer tourist season at Harborplace in downtown Baltimore, will open Saturday in the Light Street Pavilion. Ripley Entertainment Inc. said exhibits at the Inner Harbor...
The Sparrows Point steel mill will have more time to find buyers — two to four weeks extra — under an agreement hammered out Thursday in the bankruptcy case. Owner RG Steel's unsecured creditors had contended that the July 27 deadline to...
ReutersMay 21 (Reuters) - B456 Systems Inc, the lithium-ion battery maker which received a $249 million U.S. government grant, won court approval for its bankruptcy plan on Monday. Judge Kevin Carey approved the plan under which unsecured creditors of the...
Westmont school officials are worried that a village redevelopment tool could cost the school system a lot of tax revenue. Community Unit School District 201 officials are asking parents to learn about the potential impact of a tax increment financing...
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May 21, 2013 |Story| Reuters
May 15, 2013 |Story| Chicago Tribune
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