Sam Zell

Tribune creditors ask permission to sue Sam Zell

The creditors who fear getting screwed in the Tribune Company's bankruptcy want a Delaware court's OK to sue Zell if it comes to that. "The committee, which once supported Tribune’s plan to settle any allegations against Zell, told U.S. Bankruptcy Judge Kevin Carey that it doesn’t plan to pursue the proposed lawsuit while the company is trying to negotiate an end to its bankruptcy. It said it wants to protect its right to file the case should mediation among Tribune’s warring creditors fail," says Bloomberg.

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