Tribune Co. News

Real estate billionaire Sam Zell and other former officers and directors of Tribune Co. have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company’s disastrous 2007 leveraged buyout. Marc Kirschner, a litigation trustee representing …

Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to go forward a lawsuit filed against a large Chicago insurance brokerage by two former Tribune Co. shareholders. The case stems …