From Bloomberg News | A Bankruptcy Court judge ruled Tuesday that creditors can file state suits against former Tribune Co. shareholders who netted billions of dollars when the media company was taken private in 2007. Federal lawsuits are under way on the matter. The company filed for Chapter 11 in 2008.
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March 22 at 2:17 p.m.
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Filed under: Bankruptcy, Litigation, Media, Newspapers, Radio, TV