Tribune Co. Creditors Move to Sue Sam Zell

By Andrew Gauthier 

Associated Press

Tribune Co.’s junior creditors are asking a bankruptcy judge for the right to sue Sam Zell and others involved in his 2007 buyout that left the company loaded with debt.

The request made by the official committee of unsecured creditors came in a court filing Monday, though it did not signal an imminent lawsuit.


The committee said the unsecured creditors do not want to interfere with ongoing negotiations with Tribune over its Chapter 11 reorganization plan. More…