News & Insights

On July 26, 2010, Kenneth Klee filed his report as a court-appointed examiner in the bankruptcy cases of media conglomerate Tribune Company and its affiliates, pending in the United States Bankruptcy Court for the District of Delaware.  KTB&S served as lead counsel to Mr. Klee in conducting an investigation into the $13 billion leveraged buy-outs of Tribune, which was completed in December 2007.  The investigation and the resulting 1,400-page report – completed in less than 3 months – uncovered the facts surrounding and analyzed potential estate causes of action against parties involved in this complex transaction and other matters.  The report may be viewed on the website of Epiq Bankruptcy Solutions.  Following the completion of the Report, the Bankruptcy Court expressed its appreciation for the work performed by Mr. Klee and his team.   Please click on the document below to read more.

Kenneth N. Klee was named by the Lawdragon magazine as one of the Top 500 Leading Lawyers in America in 2008. The magazine has this to say about Ken: “Klee wrote many of our bankruptcy laws in the ’70s, structured big bankruptcies (Adelphia, Del Taco, Orion Pictures, among others) and now he also teaches law students about the bankruptcy trends to come.”