Philly newspapers get 60-day stay from lawsuits
PHILADELPHIA (AP) -- A bankruptcy judge is giving Philadelphia's two major daily newspapers a 60-day stay of proceedings in pending defamation cases or other lawsuits.Philadelphia Newspapers LLC said Thursday it needs the time to focus on its Chapter 11 bankruptcy reorganization. The company operates The Philadelphia Inquirer and Philadelphia Daily News.
The pending suits include one filed by U.S. Rep. Robert Brady. Brady's lawyer says an Inquirer editorial alleged Brady steered a Capitol lighting contract to his district.
Brady and other litigants are unsecured creditors in the bankruptcy.
Philadelphia Newspapers filed for bankruptcy protection in February, citing about $395 million in debt
No comments:
Post a Comment