Net News search results for: kevin gross
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December 3, 2012
Triad Sells To Larry Wilson's L&L
TRIAD BROADCASTING COMPANY, LLC (MONTEREY LICENSES, LLC, MISSISSIPPI MEDIA BROADCASTING, LLC, GO RADIO BROADCASTING, LLC, JMP RADIO GROUP, LLC, ADVENTURE COMMUNICATIONS, LLC and WDVENTURE COMMUNICATIONS, INC.) is selling its stations to LARRY … more »
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August 9, 2012
Bankruptcy Court Judge Approves Nassau Severance Plan
U.S. Bankruptcy Court Judge KEVIN GROSS has approved a severance plan for former NASSAU BROADCASTING employees. The plan gives eligible parties terminated without cause and not offered a comparable job (at least 75% of the NASSAU salary) with the … more »
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May 31, 2012
Court Approves Sale Of 30 Nassau Stations
The U.S. Bankruptcy Court for DELAWARE has approved the sale of 30 NASSAU BROADCASTING stations to BILL BINNIE's CARLISLE CAPITAL CORP. for $12.5 million. Judge KEVIN GROSS signed off on the order approving the deal on WEDNESDAY (5/30). … more »
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May 22, 2012
Carlisle Capital Corp. Wins Bidding For Rest Of Nassau Stations
CARLISLE CAPITAL CORPORATION has won the bidding for the the remaining 30 NASSAU BROADCASTING stations. CARLISLE is headed by BILL BINNIE, former candidate for the Republican nomination for the Senate from NEW HAMPSHIRE and current owner of … more »
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May 7, 2012
Sale Of Nassau Stations Approved At Hearing Today
The sales of several of NASSAU BROADCASTING's stations were approved by Judge KEVIN GROSS at a hearing in U.S. Bankruptcy Court in DELAWARE TODAY (5/7). GOLDMAN SACHS CREDIT PARTNERS L.P., NASSAU's creditor, has used its credit bids in an aggregate of … more »
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February 23, 2012
Court Approves Auction Of Nassau Broadcasting Stations
U.S. Bankruptcy Court Judge KEVIN GROSS has approved the auction of NASSAU BROADCASTING's stations, signing an order WEDNESDAY (2/22) permitting the sale to go forward. The order sets a bid deadline of APRIL 27th and sets MAY 3rd for the auction (if … more »
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February 9, 2012
Nassau Broadcasting Asks Court To Let It Auction Off Stations
NASSAU BROADCASTING PARTNERS has moved in U.S. Bankruptcy Court in DELAWARE to have the company's assets, including all of its stations, auctioned off. NASSAU told Judge KEVIN GROSS in the motion that it has decided, with its financial adviser and … more »
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October 13, 2011
Court Approves Nassau's Chapter 11 Motion
U,S, Bankruptcy Judge KEVIN GROSS has granted NASSAU BROADCASTING PARTNERS' motion to allow the company to file Chapter 11 voluntary bankruptcy rather than proceed with Chapter 7 liquidation as its creditors filed. NASSAU's victory means that the … more »
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October 10, 2011
Hearing Set For Wednesday On Nassau's Chapter 11 Move
A hearing has been set for WEDNESDAY on NASSAU BROADCASTING's motion to take the company into Chapter 11 voluntary bankruptcy rather than the Chapter 7 involuntary bankruptcy sought by creditors including GOLDMAN SACHS. The creditors, also including … more »
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September 29, 2011
Nassau Creditors Get Court To Speed Up Hearing On Company's Cash Spending
GOLDMAN SACHS LENDING PARTNERS LLC, FORTRESS CREDIT OPPORTUNITIES I LP, and P.E. CAPITAL, LLC., the creditors seeking to put NASSAU BROADCASTING PARTNERS into involuntary Chapter 7 bankruptcy, have had their request to move up a hearing on the company's … more »