Citadel Gets Court OK To File Redacted Deals With Union, Fired Talent
May 7, 2010 at 4:04 AM (PT)
CITADEL BROADCASTING's motion to keep stipulations regarding severance disputes with AFTRA and the termination of two unnamed on-air employees under seal has been granted by the U.S. Bankruptcy Court.
CITADEL asked to file the stipulations under seal "because the Stipulations are the product of confidential arm’s-length negotiations" with the affected parties "and, if revealed to the Debtors’ employees (former or current) or competitors, it may give those employees and/or competitors an advantage in future business endeavors and negotiations to the detriment of the Debtors and their stakeholders."
Redacted versions of the stipulations will be filed, with full versions available to the court.