web analytics
May 6, 2015 / 17 Iyar, 5775
At a Glance
News & Views
Sponsored Post


Rescue Plans Suspended in Talks of Baltimore Jewish Times Bankruptcy

The Baltimore Sun reported that two competing plans to save the Baltimore Jewish Times’ publisher from bankruptcy are no longer pending, and negotiations resumed Tuesday with a key creditor, after a judge ok’ed an emergency cash infusion.

According to Alter Communications Inc.’s attorney Alan M. Grochal, the two proposals before the bankruptcy court had falled through, although the major investors involved in each one are still interested. A hearing scheduled Wednesday morning in U.S. Bankruptcy Court in which the sides will either present a plan or ask for more time.

Andrew Alter Buerger, Alter’s chief executive officer and vice president, said the tone of the discussions between Alter and its main creditor and former printer, H.G. Roebuck & Son Inc., has improved.

“People are finally putting down the swords and picking up the pens and figuring out how this can work,” Buerger said early Tuesday afternoon.

The Sun spoke to Neil Rubin, senior editor of news for the Baltimore Jewish Times, who has not been privy to the negotiations, but “marveled at the complexity and length of the proceedings.”

“This has taken so many turns it’s dizzying,” Rubin said. “You couldn’t do a flow chart of this.”

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Rescue Plans Suspended in Talks of Baltimore Jewish Times Bankruptcy”

Comments are closed.

Current Top Story
Prime Minister Binyamin Netanyahu prays at the Western Wall. (March 18, 2015)
Tonight at Midnight: Netanyahu’s Moment of Truth
Latest News Stories

There were reports this morning of explosions heard in the Sudanese city of Khartoum.

The interior of the El Ghriba synagogue -- the oldest synagogue in North Africa -- on the Tunisian island of Djerba in 2009.

Prime Minister Benjamin Netanyahu has warned of “concrete threats” of terror attacks against Jewish and Israeli targets in Tunisia.

The flag of Iraqi Kurdistan.

The legislation would provide assistance for a three-year period, eliminating delays in bolstering the regional forces fighting against ISIS.

Prime Minister Binyamin Netanyahu prays at the Western Wall. (March 18, 2015)

The deadline is tonight, and if Bibi hadn’t abused Bayit Yehudi, he wouldn’t be in this situation right now.

Hassan Nasrallah said that the survival of Bashar Assad’s regime is critical for Hezbollah’s own continued existence.

Shurat HaDin, an Israeli NGO specializing in International Law, opened a two-day conference in Jerusalem, Monday, “Towards a New Law of War,” which dealt with the rules of armed conflict, their interpretation and application.

A State Dept. investigation into the Benghazi Blunder never spoke with, nor blamed, Hillary Clinton.

Former Ark. Gov. Mike Huckabee is running for U.S. President. He hates the U.S. current foreign policy.

If the report is accurate, and Bennett has no additional demands, Netanyahu’s coalition may now be under way.

The Senate hopes to vote on a nuclear review bill by Thursday, as talks resume next week on a deal between Tehran and world powers.

A Dragon Boat festival was held in Tel Aviv on the Yarkon River last Friday. Looks like fun.

With just a day to go, Bennett finally gives serious push-back to Netanyahu’s threats and inadequate proposals.

Six immigrants from English-speaking countries will receive awards from Nefesh B’Nefesh at a ceremony next Tuesday.

Israel’s Foreign Ministry is telling its citizens not to travel to Nepal and telling those already there to think twice about extending their stays there due to rising hazards.

The oldest copy of the Ten Commandments in the world is on display at Israel’s national museum.

More Articles from Jewish Press News Briefs

There were reports this morning of explosions heard in the Sudanese city of Khartoum.

The interior of the El Ghriba synagogue -- the oldest synagogue in North Africa -- on the Tunisian island of Djerba in 2009.

Prime Minister Benjamin Netanyahu has warned of “concrete threats” of terror attacks against Jewish and Israeli targets in Tunisia.

The legislation would provide assistance for a three-year period, eliminating delays in bolstering the regional forces fighting against ISIS.

Hassan Nasrallah said that the survival of Bashar Assad’s regime is critical for Hezbollah’s own continued existence.

The Israeli-Arab dentist personally and systematically transferred Hamas’s terror money on a daily basis…

Police have arrested a 16-year-old resident of Bat Ayin in Gush Etzion Tuesday on suspicion of having vandalized Arab olive trees and throwing rocks at Arabs. The teenager, who learns in Yitzhar in Samaria, is scheduled to appear in court today.

President Reuven Rivlin said Monday morning that the Ethiopian protests against police brutality and racism “revealed an open and raw wound at the heart of Israeli society.” Speaking at a meeting in his office with mayors and heads of the ultra-Orthodox municipalities and local council, the President added, “We must look directly at this open […]

Israeli search teams have found documents connected to Israeli Or Asraf who has been missing in Nepal since last week’s disastrous earthquake, several Twitter accounts have reported. The death toll from the quake has risen to 6,841, and Nepalese officials said there is virtually no chance of finding anyone alive. Asraf’s relatives have flown to […]

Printed from: http://www.jewishpress.com/news/breaking-news/rescue-plans-suspended-in-talks-of-baltimore-jewish-times-bankruptcy/2012/03/14/

Scan this QR code to visit this page online: