Chapter 11 Information

On March 31, 2009, Sun-Times Media Group, Inc. filed a voluntary petition to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

The Company and its principal operating subsidiary, the Sun-Times News Group, will continue to operate its newspapers and online sites as usual while it focuses on further improving its cost structure and stabilizing operations.

Sun-Times Media Group has retained Rothschild Inc. to commence a process for the sale of assets pursuant to Section 363 of the U.S. Bankruptcy Code. The Company believes it has sufficient resources to continue customary day-to-day operations while this process is being pursued.

More information about the company's reorganization is available at the following links:

Press Releases: Information for Readers: Information for Advertisers: Information for Vendors: Information for Former Employees and Retirees: Court Filings and Claims Information
 
 
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