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Posted on 10/24/2006 11:26:58 AM PDT by SmithL
The executive producer of Al Franken's Air America Radio show and two others were named on Tuesday to represent unsecured creditors in the liberal talk network's bankruptcy case.
The U.S. Trustee's office, a Department of Justice division that monitors bankruptcies, appointed three committee members: William Kimball, the Minneapolis-based executive producer of "The Al Franken Show;" Sacramento, Calif.-based Diamond Broadcasting; and the American Federation of Television & Radio Artists, a union that represents 70,000 journalists and entertainers in broadcast, radio and online.
Kimball is owed $84,893 in back pay, according to court documents. Diamond Broadcasting is owed $500,000, but its claim is listed as "disputed."
The New York-based radio network, which airs "The Al Franken Show," filed for Chapter 11 protection in the Southern District of New York on Oct. 13 after negotiations broke down with one of its creditors.
(Excerpt) Read more at sfgate.com ...
RealNetworks?
Isn't that Maria Cantwell's outfit?
Anybody stupid enough to extend credit to the Titanic of the Ultra-Liberal media deserves to lose their money.
Well, almost.
I'm sure Franken got his paycheck.
Everytime I see it in print I say ....
hahahahahahaha
It's standard practice in cases like this for the bad guys to dispute claims of genuine creditors in order to increase the amount of money available to pay their buddies. I can't believe that Franken's producer was considered sufficiently unaffiliated so as to be put on the creditor's committee. Sounds like the fix is in.
Where is that worlds smallest violin when I need it?? /snide
Where is White Knight Soros with his checkbook?
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"American Federation of Television & Radio Artists, a union..."
Your first thought is that they are jerking the union around, but if you think about it, you realize that the union probably never expected to get paid in the first place, and was doing this merely as a political donation. Now that it looks like the payment is going to come out of the hides of other creditors rather than their liberal co-conspirators, though, the union suddenly shifts gears and wants to get paid.
Fix is in? Then you don't know bankruptcy judges. These guys will first go and hire a creditor's attorney and he is the guy that will be the real nuts behind the creditors demands.
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