Judge clears Freedom bankruptcy plan

Freedom News Service WILMINGTON, Del. — A federal judge Tuesday approved Freedom Communication Inc.’s reorganization plan, giving a green light for the company to emerge from bankruptcy by the end of this month. The court action gets the Irvine, California-based media company and parent of The Orange County (Calif.) Register out from under 58 percent […]

Freedom, creditors reach bankruptcy deal

By Dena Bunis WILMINGTON, Del. — A federal bankruptcy court judge Thursday approved a deal between Freedom Communications, its unsecured creditors and its lenders that could allow the company to emerge from bankruptcy by the end of March. Freedom properties include the Clovis News Journal, Portales News-Tribune and Quay County Sun in Tucumcari. The arduously […]