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Lee Bankruptcy Update

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Lee Bankruptcy Update

    The United States Bankruptcy Court for the District of Delaware has scheduled a Disclosure Statement Hearing for 2:00 p.m. on January 23.   As reported earlier, there appear to be no major obstacles to this process going forward...

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Lee Files Chapter 11

  Lee Enterprises formally submitted the necessary paperwork in Wilmington, Deleware bankruptcy court this morning to refinance its roughly one billion dollar debt.   Lee's action came after the media corporation announced last week that it would enter into Chapter...

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Lee announces it will file for bankruptcy

Today Lee Enterprises announced plans to file a "pre-packaged" Chapter 11 bankruptcy to restructure part of it's debt. Read the updated story in the Post-Dispatch here. The Guild is working to figure out exactly what it means for the employees...

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