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Hearing is set on Tribune bonuses

August 07, 2009|Times Wire Reports

A Delaware bankruptcy judge agreed to hear arguments next week in a dispute over Tribune Co.'s request to approve about $70 million in bonuses for top managers.

The judge agreed to an expedited hearing on the Chicago media company's motion seeking to prevent the release of a compensation consultant's report to a labor union challenging the bonus plans. He is scheduled to hear arguments Tuesday.

Tribune owns the Los Angeles Times, Chicago Tribune and other media properties.

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