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Free Lance-Star Publishing Company Advances Toward Sale of Assets

Free Lance-Star Publishing Company Advances Toward Sale of Assets

By Susan Larson
The Free Lance-Star Publishing Company was back in U.S. Bankruptcy Court in Richmond on Thursday.  Attorney’s for the publishing company asked U.S. Bankruptcy Court Judge Kevin R. Huennekens to authorize the use of cash collateral through April 30.  Lynn Tavenner, the attorney representing the Free Lance-Star, said it would “allow the sale process to get moving.”

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Sandton May Credit Bid on Free Lance-Star Assets, Judge Rules

Sandton May Credit Bid on Free Lance-Star Assets, Judge Rules

By Susan Larson
U.S. Bankruptcy Judge Kevin R. Huennekens ruled Tuesday that Sandton Capital Partners may credit bid on all Free Lance-Star assets, except for those on which the creditor does not have a direct lien.  The excepted assets include the publishing company’s FCC radio licenses, radio towers, vehicles, life insurance policies and bank accounts, according to All Access Music Group.

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Sandton Closes Deal, Names Interim FLS Publisher

Sandton Closes Deal, Names Interim FLS Publisher

By Susan Larson
Gene M. Carr has been hired as interim CEO and publisher of The Free Lance-Star, Sandton Capital Partners announced Thursday after closing on their purchase of the publishing company.
Additionally, all current FLS staff were offered their jobs at the same salary and with similar benefits, said Robert Orr, Sandton Capital Partners managing director.

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