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IN RE: SUN-TIMES MEDIA GROUP
UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE
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MAIN CASE NUMBER: 09-11092
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ADMINISTRATIVE CLAIM BAR DATE
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OVERVIEW OF THE CHAPTER 11 PROCESS
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| Petition filed: March 31, 2009 |
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Administrative Bar Date Form
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Chapter 11 Process |
| Committee Appointed: April 15, 2009 |
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Guide to Administrative Claim Bar Date and Form
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| Claims Bar Date: September 30, 2009 at 6:00 p.m. EST |
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| Government Claims Bar Date: October 7, 2009 EST |
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OVERVIEW OF DEBTORS CASES AND BUSINESS
On March 31, 2009, the Sun-Times Media Group, Inc. (the “Company”) along with 31 other debtors (collectively, the “Debtors”) filed for relief under chapter 11 of the Bankruptcy Code. The Company is a Delaware corporation and the ultimate parent of each of the Debtors in these Chapter 11 cases. The Company publishes and distributes newspapers to the greater Chicago, IL area and operates several websites. The Company has non-debtor affiliates in Canada, the United Kingdom and Bermuda. A list of the Debtors’ publications can be found here: http://www.thesuntimesnewsgroup.com/publications.cfm. The Company was originally incorporated in 1990 as Hollinger International, Inc. In July 2006, the Company's name was changed.
List of Debtors
| American Publishing LLC |
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Meridian Star, Inc. |
| American Publishing Company LLC |
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Midwest Suburban Publishing, Inc. |
| American Publishing Management Services Inc. |
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Northern Miner USA, Inc. |
| American Publishing Management Services Inc. |
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Oklahoma Airplane LLC |
| Centerstage Media LLC |
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Pioneer Newspapers Inc. |
| Chicago Group Acquisition LLC |
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Reach Chicago LLC |
| Chicago Sun Times Features, Inc. |
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Sun Telemarketing LLC |
| Chicago Sun Times LLC |
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Sun-Times Distribution Systems Inc. |
| Digital Chicago Inc. |
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Sun-Times Media Group |
| Fox Valley Publications LLC |
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Sun-Times PRD Inc. |
| HGP, Partnership |
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TAHL Inc |
| HTH Benholdco LLC |
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The Johnstown Tribune Publishing Company |
| HTH Holdings Inc. |
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The Post-Tribune Company LLC |
| HTNM LLC |
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The Red Streak Holdings Company |
| HTPC Corporation |
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The Sun-Times Company |
| LHAT Corporation |
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XSTMHoldings LLC |
PURPOSE FOR CHAPTER 11 FILINGS
Pursuant to the Declaration of James D. McDonough in Support of First Day Motions ("First Day Declaration"), the Debtors are commencing their cases despite the fact that they do not have "outstanding funded debt." First Day Decl. at ¶6. The Debtors cite two main reasons for these filings: (1) the Debtors are severely impacted by the significant downturn (of approximately 30%) in print advertising revenue and (2) pending IRS tax liability. Id. According to the First Day Declaration, the Debtors plan to use the chapter 11 process to reset the Company's cost structure, stabilize operations, and sell the Company's assets in a 363 sale.
LINKS TO DEBTORS' SCHEDULES AND FINANCIAL INFORMATION
Sun-Times Media Group, Inc. (Case No. 09-11092)
American Publishing LLC (Case No. 09-11093)
American Publishing Company LLC (Case No. 09-11094)
American Publishing Management Services Inc. (Case No. 09-11095)
APAC-95 Oklahoma Holdings, Inc. (Case No. 09-11096)
Centerstage Media LLC (Case No. 09-11097)
Chicago Group Acquisition LLC (Case No. 09-11098)
Chicago Sun Times Features, Inc. (Case No. 09-11099)
Chicago Sun Times LLC (Case No. 09-11100)
Digital Chicago Inc. (Case No. 09-11101)
Fox Valley Publications LLC (Case No. 09-11102)
HGP, Partnership (Case No. 09-11103)
HIPI (2002) Inc. (Case No. 09-11104)
Hollinger Australian Holdings Limited (Case No. 09-11105)
Hollinger International Publishing Inc. (Case No. 09-11106)
HTH Benholdco LLC (Case No. 09-11107)
HTH Holdings Inc. (Case No. 09-11108)
HTNM LLC (Case No. 09-11109)
HTPC Corporation (Case No. 09-11110)
LHAT Corporation (Case No. 09-11112)
Meridian Star, Inc. (Case No. 09-11113)
Midwest Suburban Publishing, Inc. (Case No. 09-11114)
Northern Miner U.S.A., Inc. (Case No. 09-11115)
Oklahoma Airplane LLC (Case No. 09-11116)
Pioneer Newspapers Inc. (Case No. 09-11117)
Reach Chicago LLC (Case No. 09-11118)
Sun Telemarketing LLC (Case No. 09-11119)
Sun-Times Distribution Systems, Inc. (Case No. 09-11120)
Sun-Times PRD Inc. (Case No. 09-11121)
TAHL (2002) Inc. (Case No. 09-11122)
The Johnstown Tribune Publishing Company (Case No. 09-11123)
The Post-Tribune Company LLC (Case No. 09-11124)
The Red Streak Holdings Company (Case No. 09-11125)
The Sun-Times Company (Case No. 09-11126)
XSTMHoldings LLC (Case No. 09-11127)
DEBTORS AND DEBTORS' COUNSEL
Debtors' Headquarters Location and Contact Information
Sun-Times Media Group 350 N. Orleans, 10th Floor South Chicago, IL 60654-1771 Phone: (312) 321-2299
Tammy Chase Director of Investor Relations Sun-Times Media Group 350 N. Orleans Chicago, Ill. 60654 Phone: (312) 321-3230
Debtors' Counsel
Kirkland & Ellis LLP 300 North LaSalle Street Chicago, IL 60654 Phone: (312) 862-7061 Fax: (312)862-2200 Email:
Young, Conaway, Stargatt & Taylor 1000 West Street, 17th Floor P.O. Box 391 Wilmington, DE 19899 Phone: (302) 571-6600 Fax: (302) 571-1253 Email:
OFFICIAL COMMITTEE OF UNSECURED CREDITORS AND COMMITTEE PROFESSIONALS
Creditors’ Committee Members
Classifieds Plus, Inc. 6215 Sheridan Drive Williamsville, NY 14221
Skybridge Marketing Group 7600 69th Avenue Greenfiled, MN 55373
Chicago Newspaper Guild 36 S. Wabash Avenue, Suite 1400 Chicago, IL 60603
All questions to the Official Committee of Unsecured Creditors should be submitted by an email addressed to:
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Committee Counsel
Lowenstein Sandler PC 65 Livingston Avenue Roseland, NJ 07068 Phone: (973) 597-2400 Fax: (973) 597-2500 Email:
Cross & Simon, LLC 913 North Market Street, 11th Floor Wilmington, DE 19899 Phone: (302) 777-4200 Fax : 302-777-4224
Committee’s Financial Advisor
Carl Marks Advisory Group 900 Third Avenue, 33rd Floor New York, NY 10022-4775 Phone: (212) 909-8400 Fax: (212) 752-9753 Email: swebb@carlmarks.com
UNITED STATES BANKRUTPCY COURT LOCATION AND HEARING INFORMATION
Upcoming Dates:
Omnibus Hearing Dates
July 15, 2009 August 19, 2009 September 15, 2009 October 13, 2009
Bar Date for Proofs of Claim
September 30, 2009 at 6:00 p.m. EST
Court Information
Judge
Honorable Christopher S. Sontchi
Court Location
United States Bankruptcy Court, District of Delaware 824 Market Street 5th Floor Wilmington, Delaware 19801
UNITED STATES TRUSTEE'S OFFICE CONTACT INFORMATION
Roberta DeAngelis, Acting United States Trustee United States Trustee’s Office - Region 3 833 Chestnut Street, Suite 500 Philadelphia, PA 19107 Phone: (215) 597-4411 Fax: 215-597-5795 Website: http://www.usdoj.gov/ust/r03/de.htm
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