Court: Bay Guardian Can Place Lien on SF Weekly Parent Co.'s Assets
By AAN Staff
january 8, 2010 12:25 pm
A San Francisco Superior Court commissioner has granted the San Francisco Bay Guardian's request to place a lien on the Weekly's holding company and the firm's interests in the Village Voice Media chain, as the Guardian attempts to collect the millions of dollars it was awarded in 2008's predatory-pricing trial. The Guardian's lawyer says the lien would enable it to seek another court order allowing it to sell off any of the VVM papers -- including SF Weekly - or simply take money from them to pay the judgment. But the Weekly's lawyer says the ruling is much narrower, and doesn't allow the Guardian to go after any of VVM's assets. Meanwhile, the Weekly continues its appeal of the initial ruling.