LEB Briefing Cases.Ch.18

LEB Briefing Cases.Ch.18 - Chapter18 Corporations Case18.1

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Chapter 18 Corporations Case 18.1 320 F.3d 1081, 55 Fed.R.Serv.3d 520 United States Court of Appeals, Tenth Circuit. SALT   LAKE   TRIBUNE   PUBLISHING   COMPANY,   LLC,   Plaintiff-Appellant,   and  James E. Shelledy, as editor and administrator of news gathering for The Salt Lake  Tribune;  The Salt Lake City Weekly;  KUTV;  KUTV Holdings;  KTVX-TV;  Clear  Channel Communications, Plaintiffs-Intervenors, v. AT & T CORPORATION;   AT & T Broadband & Internet Services, LLC;   Deseret  News Publishing Company;  Medianews Group, Inc.;  and Kearns-Tribune, LLC, Defendants-Appellees. Nos. 02-4126, 02-4165. 118
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119 CASE PRINTOUTS TO ACCOMPANY WEST’S LEGAL ENVIRONMENT OF BUSINESS Feb. 24, 2003. Before , Chief Judge, , and O'BRIEN, Circuit Judges. , Circuit Judge. The parties in this case are involved in a continuing fight over the ownership and control of  The Salt Lake Tribune,  the  largest  newspaper  in  Utah.   The  principal  shareholders  of  the  plaintiff,  Salt  Lake  Tribune   Publishing   Co.  ("Tribune  Publishing"), once owned  The Tribune,  and Tribune Publishing sued the defendants seeking enforcement of a contract giving  it an option to purchase the assets of the newspaper.   MediaNews Group ("MediaNews"), through its wholly owned  subsidiary Kearns-Tribune LLC ("KTLLC"), is the current owner of the assets of  The Tribune,  and KTLLC and MediaNews  have defended against the lawsuit by arguing that Tribune Publishing's option contract to repurchase the assets of  The  Tribune  is unenforceable.  Deseret News Publishing Co. ("Deseret News"), which is owned by the Church of Jesus Christ of  Latter-Day Saints and publishes the newspaper that is   The Tribune's  chief competitor in Salt Lake City, has joined the  action claiming that a separate contract between it and KTLLC--a Joint Operating Agreement pursuant to which KTLLC  and   Deseret   News   share   certain   newspaper   business   operations--forecloses   Tribune   Publishing's   ability   to   enforce  performance of its option contract against KTLLC. This case has not yet reached trial.  Before us is Tribune Publishing's appeal of the district court's denial of its request for a  preliminary injunction. The injunction sought would have allowed Tribune Publishing to continue managing  The Tribune,  which it had been doing since 1997 under a management agreement with KTLLC that expired on July 31, 2002.  Related to  our review of the denial of the preliminary injunction is the question certified for appeal by the district court pursuant to ,  and appealed by Tribune Publishing, of whether a provision of the Joint Operating Agreement purporting to prohibit the 
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This note was uploaded on 10/13/2010 for the course LGST 205 taught by Professor Screen during the Spring '07 term at Loyola New Orleans.

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LEB Briefing Cases.Ch.18 - Chapter18 Corporations Case18.1

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