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Bond ' Supersedeas Bond

The Delaware Bankruptcy Court, in <i>In re Tribune Company, et al.</i>, recently granted a motion for a stay pending appeal of its order confirming Tribune's fourth amended joint plan of reorganization, but conditioned the imposition of the stay upon the posting of a $1.5 billion <i>supersedeas</i> bond.

24 minute read October 25, 2012 at 02:44 PM
By
Steven B. Smith And William D. Currie
Bond ' Supersedeas Bond

Cue the 007 theme song; there's a new bond in town. The Delaware Bankruptcy Court, in the Chapter 11 cases of In re Tribune Company, et al. (In re Tribune), Case No. 08-13141 (Bankr.

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