CL reality show: next week!

March 12, 2009 by Ken Edelstein
Filed under: MEDIA/TECH 

A friend (and former Loaf employee) writes:

I’m so confused…So we won’t know anything about what will happen to CL until next week? I’m starting to feel like I’m missing episodes of a reality show.

That’s right my secret admirer. CL/Tampa’s Wayne Garcia reported last night that Ben Eason was to testify in Bankruptcy Court today:

The hearing will then be continued until Tuesday of the following week to hear from the company’s CFO and a Tampa Bay business valuation expert, after which Judge Caryl E. Delano (at some point) will rule on Atalaya’s motion to gain control of the company. Atalaya is owed $31 million from its f[i]nancing of CL’s 2007 purchase of the Chicago Reader and Washington City Paper.

Those of us weren’t in the courtroom, don’t know what happened today yet. I’m hoping that Wayne will file somethng later about Ben’s day on the stand. Will link here if I see it.

NON-UPDATE: I haven’t gotten any reports of what happened in court today. Will try to find out tomorrow and if so will pass it on.

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