Tag: bankruptcy

Tribune Co. Bankruptcy

Tribune Co  bankruptcy plan would turn over ownership to holders of the company’s loans, hedge funds Oaktree Capital Management LP and Angelo, Gordon & Co and JPMorgan Chase The owner of 23 television stations and publisher of the Chicago Tribune…

Hedge Fund Backed LightSquared Filing Bankruptcy

LightSquared Inc. a startup telecommunications company, bankrolled by hedge fund Harbinger Capital filing chapter 11 LightSquared filed for Chapter 11 bankruptcy protection on few hour ago today after intense negotiations with creditors who had requested that the company’s backer, hedge…