The present owners of Creative Loafing Inc. don’t think they can win an outright bidding war for control of the company. So CEO Ben Eason and his allies hope the bankruptcy judge in Tampa—who’s held the fate of the company in her hands since CLI filed to reorganize under Chapter 11 last September—will choose the […]
Tag: Atalaya Capital Management
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Who will own the Reader? — the thickening murk
Will the next owners be the present owners, or the hedge fund Creative Loafing borrowed $30 million from to buy the Reader and Washington’s City Paper two years ago? An auction scheduled for August 25 in bankruptcy court in Tampa will decide. Wednesday’s hearing set the ground rules — though apparently none too clearly. Creative […]
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Ben Eason discusses what’s next for the Reader
The company that owns the Reader is in bankruptcy court in Tampa trying to hang on to us, and we watch from Chicago spellbound. Who will own us when it’s all over?
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How to Write About Food
Creative Loafing’s primary creditors put 300K into the Michigan Avenue Bennigan’s. Boy, could we use that kind of cheddar.
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So now we wait…
The hearing is over, and a bankruptcy judge says she’ll decide in the next several days whether CEO Ben Eason or Atalaya Capital Management gets to run Creative Loafing Inc.
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Who gets to sign my next paycheck?
Will a bankruptcy judge in Tampa decide today who runs Creative Loafing Inc.?
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Drama in Tampa…
Future ownership of the Reader is at stake in a bankruptcy court hearing in Tampa
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Skyway Capital is bad news, says Creative Loafing’s biggest creditor
Creative Loafing’s biggest creditor tells bankruptcy court that bringing in Brian Crino and Skyway Capital is a terrible idea.
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Spending money to make it? The Reader hopes.
Creative Loafing Inc., owner of the Reader, hires an expensive investment banker to help get it out of bankrukptcy.