Hovering over that plan, though, is the claim by some bondholders that Zell's leveraged buyout of Tribune was a so-called fraudulent conveyance, meaning the process left the company insolvent.
And Zell will finally talk in a deposition scheduled for June 28th, according to court records. And who will be doing the questioning? The prize goes to White & Case partner Thomas Lauria, court records show. Lauria, who took on the Obama administration in opposing the Chrysler bankruptcy plan until the bitter end, represents Wells Fargo, a bridge lender to Tribune that has not committed to support the proposed reorganization, according to court records.
Lauria did not return messages seeking comment.
Two sources familiar with the matter tell us Jenner & Block will be representing Zell during that deposition. That's not a surprise, since court records show Jenner has advised Zell individually in other Tribune proceedings. A Jenner spokesman did not immediately return a call seeking comment.
One a side note: Kenneth Klee, the examiner appointed last month to investigate the collapse of Tribune, is well into his work and now estimates the process of producing his report might cost twice as much as he originally estimated, according to a separate filing.