Tribune examiner filing report on bankruptcy Monday
July 26 |
July 26 (Reuters) - The court-appointed examiner investigating Tribune Co's TRBCQ.PK descent into bankruptcy said he has completed his report but cannot make it fully public because various parties are bickering over its contents.
Kenneth Klee, the examiner, said he will file a redacted version of his report on Monday with the U.S. bankruptcy court in Delaware, a Friday court filing shows.
Klee said various parties believe some material used in the report should remain confidential. He said he hoped to resolve these issues at an Aug. 9 hearing, following which the reported would be made public.
In May, the U.S. trustee appointed Klee to investigate whether real estate developer Sam Zell's 2007 leveraged buyout of Tribune left the media company insolvent.
Among Tribune's businesses are the Chicago Tribune and Los Angeles Times newspapers, as well as television stations such as the superstation WGN and WPIX-TV in New York.
In a separate court filing on Friday, Klee asked the bankruptcy court to formally release him from his duties, and shield him from possible lawsuits arising from his work as examiner.
The case is In re: Tribune Co et al, U.S. Bankruptcy Court, District of Delaware, No. 08-13141. (Reporting by Santosh Nadgir in Bangalore; Editing by Jarshad Kakkrakandy)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters