Monday, August 24, 2009

Judge - Get It Over With Already!

Nominee for the Greatest Person on the Planet - Judge Kevin Carey:

A judge presiding over Tribune Co.'s bankruptcy case has agreed to expedited procedures regarding the company's sale of the Chicago Cubs baseball team.

Judge Kevin Carey on Monday scheduled an Aug. 31 hearing and shortened notification procedures for motions related to the deal.

In court papers Monday, Tribune attorneys outlined a two-step process that will culminate in the sale of the Cubs to the family of billionaire Joe Ricketts, founder of TD Ameritrade.

This strongly implies that the financing is complete as an expedited process gets $800 million in cash in the hands of Tribune creditors that much faster.

But it also implies that Judge Carey is sick of the whole Tribune saga being in his courtroom. Cub fans agree.

Judge Carey, you are a hero!

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