Daily Archives: February 1, 2010

Dear Retirement Plan Participant…

Many of us got a letter from Tribune today. Here is an excerpt (my translation may be a little liberal): Dear Tribune Retirement Plan Recipient: As a result of the Tribune Company Cash Balance Pension Plan’s estimated funded status of somewhere between 95 and 100 percent; and in accordance with the company’s continued operation under [...]

More Conveyance Theory

More on the “fraudulent conveyance” front: Tribune’s junior creditors want the bankruptcy court’s permission to pursue the claim that Sam Zell’s acquisition of the company was illegal.

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