STATUS OF PROCEEDINGS TO CONSIDER CONFIRMATION OF A PLAN OF REORGANIZATION
On April 12, 2012, the Debtors, the Official Committee of Unsecured Creditors, Oaktree Capital Management, L.P., Angelo, Gordon & Co., L.P., and JPMorgan Chase Bank N.A. (the “DCL Plan Proponents”) filed the Fourth Amended Joint Plan of Reorganization For Tribune Company and Its Subsidiaries (the “Fourth Amended DCL Plan”), together with a supplement to the previously-approved disclosures respecting the Second Amended DCL Plan (the “Supplemental Disclosure Document”). Additional modifications to the Fourth Amended DCL Plan and Supplemental Disclosure Document were filed on April 15 and 17, 2012. To access a copy of the Fourth Amended DCL Plan, click here To access a copy of the Supplemental Disclosure Document, click here.
On April 17, 2012, the Bankruptcy Court Entered An Order (I) Approving Supplemental Disclosure Document; (II) Establishing Scope, Forms, Procedures, And Deadlines For Resolicitation And Tabulation Of Votes To Accept Or Reject DCL Plan From Certain Classes; (III) Authorizing Tabulation Of Prior Votes And Elections On DCL Plan Made By Holders Of Claims In Non-Resolicited Classes; (IV) Scheduling The Confirmation Hearing And Establishing Notice And Objection Procedures In Respect Thereof; And (V) Granting Related Relief (the “Resolicitation Order”). To access a copy of the Resolicitation Order, click here.
The Resolicitation Order and other orders of the Bankruptcy Court established certain deadlines relating to the confirmation process for the Fourth Amended DCL Plan, as follows:
- The Confirmation Hearing shall commence on June 7, 2012 at 3:00 p.m. (Eastern time).
- The Objection Deadline for the Fourth Amended DCL Plan is May 21, 2012 at 11:59 p.m. (Eastern time). Objections to confirmation must: (i) be made in writing; (ii) state the name and address of the objecting party and the nature of the claim or interest of such party; (iii) state with particularity the legal and factual basis and nature of any objection to the Plan; and (iv) be filed with the Bankruptcy Court, together with proof of service, and served so that they are received by the DCL Plan Proponents on or before the Objection Deadline.
- The Voting Deadline for the Fourth Amended DCL Plan May 21, 2012 at 4:00 p.m. (Eastern time). All Supplemental Ballots and Supplemental Master Ballots must be properly executed and completed, and the originals thereof delivered to the Voting Agent on or before the Voting Deadline by (a) first-class mail postage prepaid in the return envelope provided with the Supplemental Ballot, or (b) personal delivery or overnight courier, in each case to the addresses provided on the Supplemental Ballots or Supplemental Master Ballots, as applicable, or in the instructions for such Supplemental Ballots and Supplemental Master Ballots.
- If any Holder of a Claim wishes to have its Claim allowed for purposes of voting to accept or reject the Fourth Amended DCL Plan in a manner that is inconsistent with the amount or classification(s) set forth on the Supplemental Ballot(s) (or Supplemental Beneficial Ballot, as applicable) it received, or if any party that did not receive a Supplemental Ballot wishes to have its Claim temporarily allowed for voting purposes only, such Holder must serve on the DCL Plan Proponents and file with the Bankruptcy Court, on or before May 11, 2012, a motion for an order pursuant to Bankruptcy Rule 3018(a) temporarily allowing such Claim for purposes of voting (the “3018 Motion”). A 3018 Motion must set forth, with particularity, the amount and classification in which such Holder believes its Claim should be allowed for voting purposes and the evidence in support of its belief. In respect of any timely-filed 3018 Motion, the Supplemental Ballot(s) in question shall be counted for voting purposes on the Fourth Amended DCL Plan in the amount as agreed by the DCL Plan Proponents and the applicable Holder or, in the absence of agreement, in the amount established by the Bankruptcy Court. May 29, 2012 at 1:00 p.m. (Eastern time) is established as the date for a hearing to consider any and all 3018 Motions.
- In addition to the various deadlines relating to the resolicitation process and the Confirmation Hearing set forth above, the deadlines set forth in the Bankruptcy Court’s case management orders respecting the confirmation proceedings shall also apply.
EXAMINER’S REPORT FILED
Please note that the statements and opinions expressed in the Examiner's report filed with the Bankruptcy Court and available on this Web Site are solely those of the Examiner, and neither the Debtors nor any of their affiliates make any representations or warranties, expressed or implied, or assume any legal liability or responsibility, for the veracity or completeness of the statements contained therein. The Debtors’ views in respect of the LBO-Related Causes of Action may be found in Article VII of the Disclosure Statement click here. To access a copy of the Examiner’s Report, Exhibits to Report or Transcripts, click on the links below:
- Volume One: Summary of Principal Conclusions, Overview and Conduct of the Examination, and Factual Background [Docket No. 5247].
- Volume Two: Findings and Conclusions Concerning Question One [Docket No. 5248].
- Volume Three: Findings and Conclusions Concerning Questions Two and Three [Docket No. 5249].
- Volume Four: Glossary of Defined Terms [Docket No. 5250].
- Exhibits to Report Index
- Exhibits to Report
- Transcripts
MOTION RE: TRANSCRIPTS, EXHIBITS, AND DEPOSITION DESIGNATIONS [DKT. NO. 9700]
The following materials are being provided pursuant to the Court’s October 4, 2011 Order concerning Debtors’ Motion for Entry of an Order Authorizing (I) the Implementation of Proposed Changes to the Official Confirmation Trial Transcript and (II) the Public Release of Non-Confidential Trial Exhibits and Deposition Designations [Dkt. No. 9700]
GENERAL INFORMATION
On December 8, 2008 and October 12, 2009, Tribune Company, et al., (collectively, the “Debtors”) filed petitions in the United States Bankruptcy Court for the District of Delaware seeking relief under chapter 11 of the United States Bankruptcy Code. A complete list of Debtors can be found by Clicking Here. The Debtors’ cases have been assigned to Judge Kevin J. Carey. These cases are being jointly administered for procedural purposes, meaning that pleadings filed in these cases will be reflected on case docket 08-13141 (the “Main Case Docket”). The Main Case Docket can be accessed through the website maintained by the United States Bankruptcy Court for the District of Delaware http://www.deb.uscourts.gov. An unofficial version of the docket is accessible by selecting the “Docket” link at the top of this page.- News Releases
- General Information
- Vendor Information
- Advertiser Information
- Subscribers, Viewers and Listeners Information
- Retirees
- Former Employees
PROOFS OF CLAIM
The deadline for filing of proofs of claim against the Debtors in these cases has been set by the Court as June 12, 2009 at 4:00 p.m., prevailing Eastern Time. The proof of claim form and notice of the claim filing deadline wil be mailed to all creditors on or before April 13, 2009. A blank proof of claim form can be obtained by Clicking Here. Completed forms are to be sent to either address below, so as to be received by the deadline:
| If by first-class mail: |
| Tribune Company Claims Processing Center c/o Epiq Bankruptcy Solutions, LLC FDR Station, P.O. Box 5069 New York, NY 10150-5069 |
| If by Hand Delivery or Overnight mail: |
| Tribune Company Claims Processing Center c/o Epiq Bankruptcy Solutions, LLC 757 Third Avenue, 3rd Floor New York, NY 10017 |
OFFICIAL COMMITTEE OF UNSECURED CREDITORS
Pursuant to Docket #1238, the following creditors have been appointed to the Official Committee of Unsecured Creditors in these cases by the Office of the United States Trustee:
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JPMorgan Chase Bank, N.A. In its capacity as lender Attn: Miriam Kulnis 277 Park Avenue, 8th Floor New York, NY 10172
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Deutsche Bank Trust Company Americas As Indenture Trustee Attn: Stanley Burg 60 Wall Street New York, NY 10005
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Warner Bros. Television Attn Wayne M. Smith 4000 Warner Boulevard Building 156 Room 5158 Burbank, CA 91522
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Buena Vista Television Attn: Gabrielle Davis 500 South Buena Vista Streett Burbank, CA 91521
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William Niese |
Pension Benefit Guaranty Corporation Attn: Craig Yamaoka 1200 K Street, NW Washington, D.C. 20005
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Washington-Baltimore Newspaper Guild Local 32035 Attn: Robert E. Paul and/or William Salganik 1100 15th Street, N.W., Suite 350 Washington, D.C. 20005
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Wilmington Trust Company as successor Indenture Trustee Attn: Pat Healy 1100 North Market Street Wilmington, DE 19890
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KEY PROFESSIONALS
| Debtors’ Counsel | ||||||
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Sidley Austin LLP One South Dearborn Chicago, IL 60603 http://www.sidley.com
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| Debtors’ Delaware Counsel | ||||||
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Cole, Schotz, Meisel, Forman & Leonard, PA 1000N. West Street, Suite 1200 Wilmington, DE 19801 http://www.coleschotz.com
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| Counsel to Unsecured Creditors Committee | ||||||
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Landis Rath & Cobb LLP 919 Market Street, Suite 1800 Wilmington, DE 19801 http://www.lrclaw.com/contact.html
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Chadbourne & Parke LLP 30 Rockefeller Plaza New York, NY 10112 http://www.chadbourne.com/newyork
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U.S. TRUSTEE
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USEFUL LINKS
| Debtor’s Website: | http://www.tribune.com |
