$2.5 Billion Fraudulent Transfer Lawsuit on Behalf of Indenture Trustees

Indenture Trustees of Tribune Company’s bonds
Florida counsel in fraudulent transfer litigation on behalf of the Indenture Trustees of Tribune Company's bonds against former shareholders of Tribune, a chapter 11 debtor. The litigation aims to recover approximately $2.5 billion of proceeds from a leveraged buyout that culminated in the bankruptcy of the Tribune. The Tribune was the publisher of the Chicago Tribune and the LA Times, among others, as well as the owner of TV and radio stations throughout the United States.
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Philip R. Stein
Practice Group Leader, Litigation
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Representation of an energy companyin its $9.45 billion all-cash acquisition of another energycompany, resulting in the creation of the largest utility holding company in the United States.
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Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
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