U.S. Bankruptcy Court, Central District of California
A few years ago, attorney Alan J. Friedman proposed a debtor-in-possession loan for Freedom Communications — then the bankrupt owner of the Orange County Register and the Riverside Press-Enterprise — to U.S. Bankruptcy Judge Mark S. Wallace.
When such proposals are made to the court, said Friedman, a partner at Shulman Hodges & Bastian LLP, other parties might object to the terms. But at this particular hearing, one a... (continued)