Uncategorized

Washington City Paper Parent Co. Wins Bankruptcy Ruling

Posted by Erik Wemple on Mar. 31, 2009, at 3:25 pm

A federal judge in Tampa has just ruled in favor of Creative Loafing Inc. CEO Ben Eason in a bankruptcy struggle with the company's main creditor, Atalaya Capital Management. Holder of $31 million in Creative Loafing debt, Atalaya was seeking to gain control of the company. The court denied Atalaya's motions and directed the two to figure out a reorganization plan for the company. Our sister paper in Tampa is following the story.

Tags: atalaya, bankruptcy, Ben Eason, Creative Loafing

previous
City Paper Website Update

next
Saturday, In The Hallway

Comments

1. Simon March 31st, 2009
   7:39 pm
   #1

   it's only step 1 of many, you're nowhere close to being out of the woods.

2. Jon Jr. April 1st, 2009
   9:58 am
   #2

   Some people, I bet, would prefer the woods.

3. Jule Banville April 1st, 2009
   10:17 am
   #3

   I love the woods.

4. Thomas April 1st, 2009
   5:58 pm
   #4

   You win best April Fools' Day prank. Good work.

Leave a Reply

You can follow any responses to this entry through its comments RSS feed.

Blogs Linking to this Article