Kaplan Quoted on Tribune Co. Buyout

Foley Partner Harold Kaplan was quoted in an article that appeared in Bloomberg on July 27, 2010 titled “Tribune Findings Mixed in Examiner’s Report on Buyout.” Kaplan discusses creditor allegations that the Tribune Co.’s 2007 buyout caused the company’s bankruptcy, stating that creditors in similar bankruptcy cases filed since 2007 will look at the examiner’s report on the buyout carefully. He adds that the report may influence creditors of companies that went through leveraged buyouts when values peaked and were forced into bankruptcy by the recession.