Cindy Walsh for Mayor of Baltimore
- Mayoral Election violations
Questionnaires from Community
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- The Northeast Baltimore Communities Of BelAir Edison Community Association (BECCA )and Frankford Improvement Association, Inc. (FIA)
- Streets and Transportation/Neighbood Questionnaire
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- Baltimore Sun Questionnaire
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State and Local Government
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Building Strong Media
Media with a Progressive Agenda (I'm still checking on that!)
- "Talk About It" Radio - WFBR 1590AM Baltimore
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- World Truth. TV Your Alternative News Network.
- Daily Censured
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- Media with a Third Way Agenda >
- Media with a Progressive Agenda (I'm still checking on that!) >
- Progressive Actions
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- Petitions, Complaints, and Freedom of Information Requests
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- Misc 2
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WALSH FOR GOVERNOR - CANDIDATE INFORMATION AND PLATFORM
- Campaign Finance/Campaign donations
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Cindy Walsh vs Maryland Board of Elections
- Leniency from court for self-representing plaintiffs
- Amended Complaint
- Plaintiff request for expedited trial date
- Response to Motion to Dismiss--Brown, Gansler, Mackie, and Lamone
- Injunction and Mandamus
DECISION/APPEAL TO SPECIAL COURT OF APPEALS---Baltimore City Circuit Court response to Cindy Walsh complaint
Brief for Maryland Court of Special Appeals
- Cover Page ---yellow
- Table of Contents
- Table of Authorities
- Leniency for Pro Se Representation
- Statement of Case
- Questions Presented
- Statement of Facts
- Conclusion/Font and Type Size
- Record Extract
- Motion for Reconsideration
- Response to Defendants Motion to Dismiss
- Motion to Reconsider Dismissal
- Brief for Maryland Court of Special Appeals >
- General Election fraud and recount complaints
Cindy Walsh goes to Federal Court for Maryland election violations
- Complaints filed with the FCC, the IRS, and the FBI
- Zapple Doctrine---Media Time for Major Party candidates
- Complaint filed with the US Justice Department for election fraud and court irregularities.
- US Attorney General, Maryland Attorney General, and Maryland Board of Elections are charged with enforcing election law
- Private media has a responsibility to allow access to all candidates in an election race. >
- Polling should not determine a candidate's viability especially if the polling is arbitrary
- Viability of a candidate
- Public media violates election law regarding do no damage to candidate's campaign
- 501c3 Organizations violate election law in doing no damage to a candidate in a race >
- Voter apathy increases when elections are not free and fair
- Maryland Board of Elections certifies election on July 10, 2014
- Maryland Elections ---2016
Maryland desperately needs public media outlets like this! Please support this outlet and create your own community networks as we escape corporate media.The United Workers Media Team is launching our End Poverty Radio podcast in less than a month, and we need your help!
WE NEED TO REPLACE CORPORATE 'PUBLIC' MEDIA......
Jim Hightower OtherWords / Op-Ed Published: Thursday 15 August 2013
Thousands of low-power radio broadcast licenses will be up for grabs by non-profit, community groups this October.
Are you tired of hearing nothing but the corporate news and mainstream views on commercial, mass-market radio? Well, go get your own station!
That’s not as preposterous as it might sound, thanks to a freelance, free-range, free-form collective of mostly young activists known as the Prometheus Radio Project.
This non-profit group banded together in the past decade after participating in the low-power FM “pirate radio” insurrection, which consisted of local progressives who set up unlicensed stations that operate on only about 100 watts of power (yes, a light bulb’s worth). The signals of these renegade broadcasters have a range of up to 10 miles in diameter — enough to cover a town or urban neighborhood. They can create a very localized, democratic, and inexpensive micro-media, providing a way for communities to put their own voices, issues, music, and stories on the dial. But there was that outlaw factor, which allowed powerhouse corporate chains to dispatch the authorities to shut down the tiny units.
Prometheus proceeded to battle the Big Media giants with a grassroots campaign to legalize and license low-power, non-profit stations. It took 10 years of uphill slogging, but their tenacious organizing paid off in 2011, when President Barack Obama signed the Local Community Radio Act.
With rules and staff now in place, thousands of low-power licenses will be up for grabs by non-profit, community groups this October. Act quickly if your group wants one, for the window will only be open for two weeks in a sort of Oklahoma-land-rush-of-the-air.
Prometheus is now offering assistance to people interested in democratizing the dial and strengthening their communities with these low-watt, high-impact radio signals.
So get radio-active! Find out more at PrometheusRadio.org.
Each time these US corporations that provide necessary services to American citizens are allowed to go global the Boards of these corporations become the same global CEOs that make the plutocracy. Do you think having communications in the hands of people who fleeced the world bodes well for our rights as citizens to communicate with one another? WHAT RIGHTS....PRIVACY, ACCESS, AFFORDABILITY ALL DOWN THE DRAIN.
What does this have to do with media? We all know all journalism is heading online and these communications corporations will control access to this media. Obama ran a campaign of limiting mergers and anti-trust and fueled this very situation.
VOTE NEO-LIBERALS OUT OF OFFICE BY RUNNING AND VOTING FOR LABOR AND JUSTICE!
AT&T Said to Explore Vodafone Deal as Soon as Next Year
By Matthew Campbell & Jeffrey McCracken - Nov 1, 2013 5:50 PM ET Bloomberg
AT&T Inc. (T) executives are laying the groundwork internally for a potential takeover of Vodafone Group Plc (VOD) next year, mapping out a strategy for a complex deal with Europe’s largest mobile carrier, people familiar with the situation said.
While the companies haven’t entered formal negotiations, the largest U.S. phone company is intensifying work on which Vodafone assets it would retain after a deal and who could buy others, the people said, declining to be identified discussing private deliberations. AT&T, which remains interested in U.K. carrier EE as an alternative target, is also formulating a strategy for Vodafone’s operations in Europe, where mobile broadband adoption has lagged the U.S., the people said.
2:10 Nov. 1 (Bloomberg) –- Bloomberg’s Matt Campbell reports on the AT&T-Vodafone deal that is in the works that would create the worlds’ largest telecom operator by sales. He speaks to Anna Edwards and Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)
A merger, which would create the world’s largest telecommunications operator by sales, wouldn’t be AT&T’s first attempt at combining the companies. AT&T approached Verizon Communications Inc. (VZ) this year about a transaction in which AT&T would buy Vodafone’s European operations, with Verizon taking over their wireless joint-venture and America Movil SAB taking much of the rest, two of the people said. Verizon rejected that approach as too complex and likely to slow its own $130 billion purchase of Vodafone’s 45 percent stake in Verizon Wireless, they said.
“Buying Vodafone seems like an easy decision for AT&T given the value of their stock and the still-low interest rates,” said Walt Piecyk, an analyst with BTIG LLC in New York. Still, while Europe might offer some expansion opportunities, AT&T can’t afford to take its eye off the U.S. market where competition is heating up, he said.
Globe-Spanning Company Combined, Vodafone and AT&T would be a globe-spanning telecommunications player with a market capitalization exceeding $250 billion and large-scale operations in the U.S. and across Europe. With more than 500 million wireless subscribers worldwide, the company would be able to challenge Google Inc. and Apple Inc. when negotiating handset subsidies and wringing profit out of nascent technologies such as mobile advertising.
Any transaction would have to wait for the conclusion of Vodafone’s sale of its Verizon Wireless stake, which the companies expect to close in early 2014. AT&T may ultimately decide not to proceed with a bid, the people said.
Simon Gordon, a spokesman for Newbury, England-based Vodafone, declined to comment on the company’s interest in a sale to AT&T or anyone else yesterday. Brad Burns, a spokesman for Dallas-based AT&T, declined to comment on the company’s European plans.
Vodafone climbed 3.6 percent to 232.5 pence at the close in London today. AT&T rose less than 1 percent to $36.24 as of 4 p.m. New York time.
Colao’s Plans Bob Varettoni, a spokesman for New York-based Verizon, also declined to comment yesterday. A press representative for America Movil (AMXL) declined to comment on speculation about company strategy.
Vodafone Chief Executive Officer Vittorio Colao is in principle open to a deal, depending on its terms, one of the people said. A former McKinsey & Co. consultant, Colao is nonetheless formulating a stand-alone strategy for Vodafone that could include major new deals in landline telecommunications, the person said.
The company had almost 13 billion pounds ($21 billion) in cash and short-term investments at the end of March, a number that doesn’t include its windfall from the Verizon Wireless stake sale.
AT&T Priorities Finding a new home for some of Vodafone’s diverse assets would be a priority for AT&T, which is less interested in Africa and India than in Europe’s developed markets, the people said. Vodafone said this week that it is seeking to take full control of its Indian unit, and has asked for permission from India’s government to do so.
One potential strategy AT&T has examined would involve spinning off most of Vodafone’s emerging-market assets into a new entity that could be acquired by a single buyer, such as Carlos Slim’s America Movil or China Mobile Ltd. (941), one of the people said. Such a plan was the basis for AT&T’s approach to Verizon earlier this year, two of the people said. AT&T owns a 9 percent stake in America Movil and has two seats on its board.
Orange SA (ORA), the French company that operates in African countries including Kenya and Senegal, has expressed interest in buying some of Vodafone’s African operations, according to a person familiar with the matter. Through Vodacom Group Ltd. (VOD), a Johannesburg-based subsidiary, Vodafone operates in South Africa and Mozambique, among other African countries.
A representative for Orange declined to comment.
Stiff Competition As an alternative to Vodafone, EE -- Orange’s joint venture with Deutsche Telekom AG (DTE) in the U.K -- could be used as a platform for further acquisitions in Europe, the people said. However, that plan would be hampered by the lack of an obvious target in Germany, the region’s biggest economy, where Vodafone, Deutsche Telekom, Telefonica SA (TEF) and Royal KPN NV are the four network operators, one of the people said.
AT&T is looking to international expansion as it prepares for stiffer competition in its home country, the world’s largest market for mobile broadband. Now that it is taking full ownership of its wireless business, Verizon is pledging to step up investment in so-called fourth-generation networks that power devices like the iPhone. Meanwhile, Japanese billionaire Masayoshi Son’s SoftBank Corp. (9984) has entered the U.S. market by buying Sprint Corp. (S), which he has said will become a stronger competitor to its larger rivals.
Europe Positioning The acceleration of work at AT&T on European expansion comes after the company concluded there are cost and strategic advantages to global scale as technological change becomes more rapid, the people familiar with its strategy said.
Attempts to create global telecommunications companies have a checkered history that includes the 2002 bankruptcy of Global Crossing and Concert, a failed venture between the original AT&T Corp. and BT Group Plc. (BT/A)
A merger or takeover of Vodafone could attract political opposition in the U.K., where it has one of the most visible consumer brands. Operating from a small town west of London, it’s one of Britain’s most successful non-financial companies, with a market capitalization greater than BP Plc or GlaxoSmithKline Plc.
However, U.K. takeover laws don’t provide a clear mechanism for the government to block a foreign deal, and previous opposition to Kraft Foods Inc.’s 2010 takeover of chocolate-maker Cadbury Ltd. didn’t go beyond strongly-worded speeches and newspaper editorials.
Vodafone has its own reasons to seek a new strategy through a tie-up. Growth in Europe has stagnated as the penetration of smartphones plateaus and regulators impose caps on fees from wireless roaming. Recently, CEO Colao has pushed into fixed-line communications with a more than $10 billion deal for Kabel Deutschland Holding AG, the largest German cable operator, that will allow Vodafone to bundle mobile and home broadband packages in its largest market.
If you read their Facebook post you do see they shout out against Cordish and Murdoch as well. What is equally important is that whoever buys the Baltimore Sun not be from Baltimore as we have the most captured media in the country right here in Maryland/Baltimore. It is incredibly crony! So we do not want the Abell Foundation.....connected closely to Baltimore Development Corp to buy it as well.
Please take the time individually to write the Tribune and indeed the FCC as to concerns regarding the health of America's media outlets and free press. We cannot have all media consolidated in the hands of few and we cannot have media that serves as state media, simply repeating what officials say with no accountability....which is almost what we have at the Sun right now!!
Don’t sell Baltimore Sun to Koch brothers, groups tell Tribune Company Petition with 6,500 signatures opposes sale of newspaper to the "union-bashing, election-buying, climate-change-denying Tea Party-funding Koch brothers." Fern Shen May 21, 2013 at 8:09 pm Baltimore Brew
Progressive and labor groups petitioned the Baltimore Sun asking that the paper not agree to be bought by the Koch Brothers.
Saying their members are “upset and outraged” about reports that the ultraconservative Koch brothers want to buy the Baltimore Sun’s parent company – and conceivably the Sun itself – progressive and labor organizations today announced a petition opposing such a sale.
“We don’t want to see [a sale to] the Koch brothers, who are right-wing billionaires who funded everything from Scott Walker’s re-election campaign in Wisconsin to bust unions and take away worker rights to ALEC, which supported stand your ground laws. . . and denies climate change,” said Matthew Hanson, of Maryland Working Families.
Hanson was one of 10 people who stood outside the Sun’s Calvert Street building today holding signs that said “Preserve Media Neutrality” and “Save the Sun,” before delivering a petition they said had the signatures of 6,500 Maryland residents.
“Don’t sell the Baltimore Sun to union-bashing, election-buying, climate-change-denying Tea Party-funding Koch brothers,” read the petition in its entirety.
Hanson asked that the petition be handed to Sun CEO and Publisher Timothy Ryan. It was addressed to Peter Liguori, Tribune Company CEO.
Hanson was allowed by a security guard to bring the sheaf of signatures into the lobby, while the other picketers waited outside.
Among them were representatives of Progressive Maryland, Maryland League of Conservation Voters, Good Jobs Better Baltimore, Maryland Communities United and Service Employees International Union.
Their action was meant to coordinate with efforts mounted nationwide to forestall the sale of the ailing Tribune chain or any of its media properties to the Kochs.
Asked for comment via voicemail and email, the Sun has had no comment, as yet.
Galvanized Tea Party Groups
Since reports surfaced in April that Tribune, months after emerging from bankruptcy, had attracted the attention of the billionaire brothers, a campaign of resistance has flared, so far largely focusing on the more prominent regional papers owned by Tribune, the Los Angeles Times and the Chicago Tribune.
There have been ads, protests, opposition from California state legislative leaders and a host of online petition against a Koch Tribune purchase.
Today’s action outside the Sun was the first locally to raise the issue of a sale of Maryland’s largest daily paper. The Courage Campaign Institute and Forecast the Facts have said that, with other groups, they delivered more than 250,000 signatures against Koch ownership to the Los Angeles Times headquarters last month.
Molly Porter, of Good Jobs, Better Baltimore, holding petition against the Kochs signed by 6,5000 people. (Photo by Fern Shen)
Wichita Kansas-based Koch Industries, one of the biggest financial backers of libertarian organizations, has financed conservative think tanks such as the Cato Institute and helped establish Americans for Prosperity, “the political action group that helped galvanize Tea party organizations and their causes.” the New York Times says.
This week’s New Yorker has a revealing piece describing the influence the Kochs already appear to be exerting on the media: “A Word from Our Sponsors: Public television’s attempts to placate David Koch.”
Several speakers today said Maryland residents should worry about possible Koch ownership of the Sun not only because they are conservative business owners but because they have expressed an interest in media ownership “to make sure our voice is being heard,” the Times reported, quoting unnamed sources.
“They’re biased and they have an agenda,” said Kate Planco Waybright, interim executive director of Progressive Maryland.
The Kochs have declined to comment on the controversy or the pending sale, saying only through a spokeswoman that they “respect the independence of the journalistic institutions” involved.
The likelihood of a Tribune sale is a hot topic of speculation in media circles, with some opponents pinning their hopes on recent remarks made by Tribune CEO Liguori, in which he observed that sale talk are “premature.”
Casino Mogul Also Eyes Paper
The idea of a Koch sale was only the latest recent news to jolt Sun readers wondering where the financial woes of their paper’s out-of-town owner might leave them.
In December came word that shopping mall developer and Maryland Live! casino owner David S. Cordish was considering the idea of buying the news organization.
On that possibility, Hanson and the others had no comment today. But the prospect continues to privately rattle Sun reporters and others in town, since Cordish is a politically-plugged-in national developer and a frequent and often controversial subject of news coverage himself.
Asked why they came, several demonstrators today said they want more coverage of their communities and bemoaned the lack of it from local media.
“I’d like to see some more honest stories, some real stories and also more positive stories,” said Perrice Austin, of Maryland Communities United. “You watch the news and it’s 30 minutes of death and loss and fluff.”
Wendy Rambo Shuford, of Cross Keys, said she’d like to see a return to the days of Sun foreign bureaus.
Asked what she thinks of the coverage of her Howard Park community, Shirley Williams replied, “What coverage? We are a forgotten part of the city.”
Williams said she doesn’t know too much about the Kochs except that her church asks her not to buy the products of companies associated with them and “they’re against President Obama.”
Meanwhile, at least one reader, apparently, would welcome a a rightward shift under any Sun owner.
“The Sun is a left-wing socialist rag,” said a man who steered his SUV over to the sidewalk demonstration and yelled through the window. “I hope it dies a struggling death!”
At one point during today’s brief rally, Hanson lauded the L.A. Times staffers who have reportedly said they would quit their jobs if the Kochs became their bosses: “They’re really heroes – they put their jobs on the line.”
Sun reporter Lorraine Mirabella, who came outside the building to cover the event, was asked if there had been any similar talk among her co-workers.
“If so,” she said, “I haven’t heard of it.”
We need the citizens of Baltimore and Maryland to shout loudly and strongly against either Abell Foundation or Cordish taking this regional paper. We have in the state the most corrupt and criminal organizational structures in the country and these two entities are directly tied to much of that corruption and cronyism. You do not want your regional paper being run by the people creating the cronyism.
Writing the FCC to let them know that the citizens of Maryland recognize the need for investigative journalism that works as a safeguard to oppressive government and industry, the hallmark of free press, cannot be met with owners who are a part of the problem.
Tribune Co. to emerge from bankruptcy Monday New board of directors named
By Robert Channick, Tribune reporter 11:48 p.m. EST, December 30, 2012
The last day of 2012 is the first of a new era for Tribune Co.
After spending more than four years embroiled in a contentious Chapter 11 bankruptcy case, the reorganized Chicago-based media company will emerge Monday under new owners and a newly appointed board, freed from its massive debt and facing an uncertain future.
Senior creditors Oaktree Capital Management, Angelo, Gordon & Co. and JPMorgan Chase & Co. are set to take control of Tribune Co.’s storied portfolio of publishing and broadcasting assets, including The Baltimore Sun, officials said.
It was an almost anticlimactic end to a long and painful chapter in Tribune Co.’s 165-year history. Late Sunday, the new Tribune Co. named its board of directors, filed notification with the Delaware bankruptcy court where the bulk of legal wrangling took place and declared its existence.
“It took a long time to get here,” said Ken Liang, a managing director at Oaktree and a new member of the board. “It was a tough restructuring. We’re pretty excited about the exit.”
The new board also will include Tribune Co. CEO Eddy Hartenstein; Ross Levinsohn, who recently left as interim chief executive of Yahoo Inc.; Craig Jacobson, a well-known entertainment lawyer; Peter Murphy, a former strategy executive at Walt Disney Co. and Ceasars Entertainment; Bruce Karsh, Oaktree president; and Peter Liguori, a former top television executive at Fox and Discovery.
Liguori is expected to be named chief executive of Tribune Co. going forward.
Hartenstein, who is publisher of the Los Angeles Times, has been CEO of Tribune Co. since May 2011. He will remain in the role until the board convenes its first meeting in the next several weeks, where it will name the company’s executive officers, according to a company statement.
“Tribune will emerge from the bankruptcy process as a multi-media company with a great mix of profitable assets, strong brands in major markets and a much-improved capital structure,” Hartenstein said in the statement.
Tribune Co. owns 23 television stations, including WGN-Ch. 9, WGN America, eight daily newspapers and other media assets, all of which the reorganization plan valued at $4.5 billion after cash distributions and new financing. Eventually, all the assets are expected to be sold, according to the new owners.
Several investors have expressed interest in Tribune's newspaper holdings, which include the Los Angeles Times and Chicago Tribune. Investors who have shown interest in all or some of Tribune's newspaper holdings include Warren Buffett; Aaron Kushner, publisher of the Orange County Register in California and CEO of parent company Freedom Communications; and Rupert Murdoch, founder of News Corp., whose media properties include The Wall Street Journal and the Fox cable news operation.
In Baltimore, local entities such as the Abell Foundation, which founded The Sun in 1837, and David Cordish have said they would be interested in purchasing the Maryland newspaper if it were for sale.
Tribune's new owners take the reins of a company that saw its worth essentially cut in half since 2007, when Chicago billionaire Sam Zell took it private in an $8.2 billion leveraged buyout. The rapid decline was mostly due to falling newspaper valuations in the face of digital competition. The anticipated hiring of Liguori suggests that broadcasting will be the operational focus going forward, according to several media analysts.
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Los Angeles-based Oaktree, the largest shareholder, with about 22 percent of the equity, appointed two of seven board members. Both Angelo Gordon and JPMorgan have roughly a 9 percent stake and appointed one seat each. The three jointly appointed two more board members, with the final seat occupied by the chief executive.
Among the outgoing board members is Zell, whose deal was seen at the time as an alternative to the squabbles within Tribune Co. that threatened to break apart the then-publicly traded company. But the Great Recession and plummeting advertising revenues across all media, especially the struggling newspaper industry, made the company’s resulting $13 billion debt load untenable.
Tribune Co. filed for Chapter 11 bankruptcy protection in December 2008. Zell blamed a “perfect storm” of industry and economic forces. But the bankruptcy case turned on charges leveled by junior creditors that saddling the company with such a debt burden left it insolvent from the outset.
Led by an aggressive distressed debt fund called Aurelius Capital Management, the junior creditors pressed litigation that stretched out the case for three and a half years in a Delaware court before U.S. Bankruptcy Judge Kevin Carey confirmed the reorganization plan in July. An emergency appeal to stay that decision was dismissed by the 3rd U.S. Circuit Court of Appeals in September. In November, the Federal Communications Commission signed off on waivers needed to transfer Tribune Co.’s broadcast properties to the new ownership, clearing the last hurdle to its emergence from Chapter 11.
“Usually, bankruptcy cases like this take much less time and cost less money,” said Douglas Baird, a bankruptcy expert and law professor at the University of Chicago.
Baird said legal fees for most large corporate bankruptcies run 3 to 4 percent of the company’s total worth. The Tribune Co. case, which will likely cost the company more than $500 million in legal and other professional fees, was more than twice that percentage, due to both the extended litigation and the company’s declining valuation.
Before cash distributions and new financing, a 2012 analysis by financial adviser Lazard valued the broadcasting assets, including the TV stations, WGN-AM 720, CLTV and national cable channel WGN America, at $2.85 billion. Other strategic assets, such as online job site CareerBuilder and cable channel Food Network, are worth $2.26 billion.
Tribune Co.’s newspaper holdings, including the Tribune, Los Angeles Times and six other daily publications, have withered to $623 million in total value, according to Lazard. In 2006, entertainment mogul David Geffen made a $2 billion cash offer for the Los Angeles Times.
Geffen’s offer came after a rift between California’s Chandler family, longtime owners of the Los Angeles Times, and Tribune Co. management put the company in play. The Chandlers had become large shareholders in Tribune Co. through its 2000 acquisition of Times Mirror Co. for $8.3 billion. Concerned about Tribune Co.’s slumping stock price, in 2006 they began pushing to break up the company or sell it. Zell’s deal to take the company private was announced in April 2007.
Despite the sharp decline in advertising revenue since 2007, Tribune Co. remained profitable during its long stay in Chapter 11, amassing a $2.54 billion cash balance as of Nov. 18. Much of that will be distributed to creditors beginning Monday.
Oaktree and Angelo Gordon, investment firms that specialize in distressed debt, purchased their stakes in Tribune Co. at a discount on the open market; JPMorgan was lead lender in the buyout. They and the rest of the senior creditor group hope to profit from the eventual sale of the company’s assets. They will also immediately take nearly $3 billion in cash out of their new company, executives said.
That number includes about $1.85 billion from the pool of accumulated cash plus the cash proceeds from a new $1.1 billion term loan secured by Tribune Co. as part of the reorganization plan. Aurelius will split about $411 million with its fellow junior bondholders.
Tribune Co. will keep $325 million of the cash for working capital and has also secured a $300 million loan to fund ongoing operations. JPMorgan is among the committed lenders for that loan, as well as the $1.1 billion term loan.
As part of emergence, Tribune Co. will issue about 100 million shares of new Class A common stock, tradable through a quasi-public market, with an implied value of about $45 per share.
The junior creditors haven’t given up the fight for additional recovery on their more than $2 billion in claims. As part of the plan, they will participate in a litigation trust set up to pursue outstanding claims against a variety of defendants, including Zell, Tribune Co.’s former officers and directors, and the company’s advisers on the Zell deal.
Zell and other defendants have fought the claims, arguing they are baseless.
The junior creditors also won the right from the bankruptcy court to pursue litigation against 35,000 former Tribune Co. shareholders in dozens of state courts around the country. Those cases, which have been consolidated before a federal district judge in New York, are awaiting a key decision on jurisdiction before they can proceed.
Despite the prodigious cost and length of the bankruptcy, Baird said it should be judged on the outcome — the successful reorganization of Tribune Co. Baird made reference to Eastern Airlines, which filed for bankruptcy in 1989, and was grounded permanently two years later while still operating under Chapter 11.
“You have these pathological cases where firms go into bankruptcy and never emerge and ultimately fall apart,” Baird said. “Tribune has been expensive, but the most important thing is that the company survived.”
Tribune reporter Michael Oneal and Baltimore Sun staff contributed.
IT IS HARD TO FIND A TRULY FISCAL PROGRESSIVE/LABOR MEDIA THESE DAYS. WE NEED TO START REBUILDING BY TAKING OUR PUBLIC MEDIA BACK...BUT ALSO, WE NEED THE SHOUT LOUDLY AND STRONGLY AGAINST THESE MERGERS AND ACQUISITIONS THAT ARE KILLING FREE PRESS.
No More Media for Murdoch Rupert Murdoch — the guy who’s under investigation in England for phone hacking, influence peddling and bribery — wants to get his mitts on the Los Angeles Times and the Chicago Tribune1,2. These are the major papers in the nation's second- and third-largest cities (where, incidentally, Murdoch already owns TV stations).
Federal Communications Commission Chairman Julius Genachowski is trying to change the agency’s ownership rules to pave the way for Murdoch to get exactly what he wants. Worse, Genachowski and Murdoch are keeping this all very hush-hush, hoping you won't notice.3
These changes wouldn’t just benefit Murdoch. If the FCC proposal passes, one company could own the major daily newspaper, two TV stations and up to eight radio stations in your town. And that one company could be your Internet provider, too. What is the FCC thinking?!?
We can still stop the agency from taking this perilous step — but we have less than a month to do it.
By taking action, you’re joining a movement of millions who are working to stop big media from getting even bigger. Please take action today.