Lee Enterprises May Be Filing for Bankruptcy
Posted on Sep 1, 2011 8:45pm PDT
The newspaper publisher Lee Enterprises may be filing for bankruptcy protection in the near future. According to reports, the company is trying to swap debt in order to avoid the filing. As of now, two main creditors have agreed to support the debt exchange. Lee Enterprises reportedly has about $1 billion in debt at this time which could lead to their Chapter 11 bankruptcy filing.
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contact a bankruptcy lawyer and begin discussing the details of your case now.