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BrauBlog

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    More on the Star Tribune's antitrust lawyers

    By David Brauer | Published Mon, Mar 30 2009 4:00 pm

    Last week, I asked for some help interpreting a filing by a firm that has given the Star Tribune antitrust advice. I'm always on the lookout for signs of the Strib and Pioneer Press further combining operations.

    A lawyer with experience in bankruptcy matters sent me this analysis, asking to be anonymous because it's speculation:

    About your inquiry regarding the Washington, D.C. lawfirm’s $314.00 bill in 2008 for anti-trust work:

    I can speculate that [the firm] doesn’t want its bill to be discharged because it will continue to provide “new value” (bankruptcy term of art) while the paper is in Chapter 11, particularly on the anti-trust issue.

    It's no secret that there has been discussion of combining the PiPress with the Strib, but the question has been how and what.

    I think it’s reasonable conjecture that this firm is looking to posture itself to be a prominent player in the Plan of Reorganization’s proposition that the company emerging from Chapter 11 will be stronger, because it will be a consolidated entity without the “shackles” of burdensome Collective Bargaining Agreements.

    Basically, this means the D.C.-based firm, Baker Hostetler, thinks more antitrust work will be coming from a "healthier" post-bankruptcy Strib — and wants a piece of it.

    I've put a call into Donald Workman, the Baker attorney who made the filing, but no callback yet. Other insights welcome.

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    minnpost.com/braublog

    David Brauer authors Braublog and is MinnPost's local media reporter. He's covered media and politics as a writer and editor since 1983 for City Pages, the Southwest/Downtown Journal, KFAN and KSTP-AM, Mpls.St.Paul, Minnesota Monthly, Law & Politics, the Business Journal, KARE11 and national outlets. Follow him on Twitter. Email: dbrauer [at] minnpost [dot] com. 


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