Judge in Tribune bankruptcy 'within days' of decision

Nearly three years and counting. But U.S. Bankruptcy Judge Kevin Carey said he is "literally within days of issuing an opinion." At issue is whether to approve Tribune Co.'s plan to exit bankruptcy or back a rival plan from Aurelius Capital Management. From the WSJ:

No matter which way Carey rules, the prospect of a confirmation decision is likely good news for Tribune, which publishes the Chicago Tribune, Los Angeles Times and other major newspapers and operates a string of broadcast stations. The bankruptcy filing that followed less than a year after the LBO piled debt on the company has shadowed Tribune. Both plans put ownership of the company into the hands of major creditors, including J.P. Morgan Chase and Angelo Gordon & Co.