Latest on the Inner City Broadcasting Chapter 11 case Bob Maccini will be the Chief Restructuring Officer.
Maccini's an experienced broker, operator and entrepreneur. He was a founder of Ando Media and now a managing director at Angel Street Capital and Inner City and its debtors could use a few angels. They've jointly filed papers in U.S. Bankruptcy Court in New York to shorten the time for the notice to consider the next steps (October 13 TRI Newsletter). They're due back in court later this week. Have the debtors and Inner City's Pierre "Pepe" Sutton finally reached at least the broad terms of a deal?