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Litigation

: How Appealing

"Court hears credit-bid arguments in newspaper case"

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"Court hears credit-bid arguments in newspaper case": Today's edition of The Philadelphia Inquirer contains an article that begins, "Amid an arcane legal debate over the interpretation of the U.S. Bankruptcy Code, a federal appeals panel yesterday heard arguments as to whether Philadelphia Newspapers L.L.C.'s lenders can use the money they are owed to purchase the media firm at auction."

And The Philadelphia Daily News reports today that "Newspapers, creditors vie on credit-bid issue."

Full post as published by How Appealing on December 16, 2009 (boomark / email).

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