Tribune updated the FCC on its court case to exit bankruptcy. The...

Tribune updated the FCC on its court case to exit bankruptcy. The case in U.S. Bankruptcy Court in Delaware to emerge from Chapter 11 has “bearings on the applications that the Commission is processing under the above-referenced docket number” related to the company’s transfer of control, according to a filing posted Thursday in docket 10-104 (http://xrl.us/bmj3c2). The TV and radio broadcaster’s third amended reorganization plan “adopts the same approach described in the Exit Applications and the initial Tribune plan of reorganization to ensure that the stock ownership of Reorganized Tribune will comply with the Communications Act and the Commission’s rules and policies pertaining to ownership,” the company said. The plan “proposes no change in the requests for waiver of the Commission’s multiple ownership and cross-ownership rules as filed with the Exit Applications,” Tribune said. The court indicated that at a Dec. 13 hearing it “will consider the proposed time lines” to resolve remaining disputes in the bankruptcy case, the FCC filing said.