Equity Media case conversion hearing indefinitely delayed by ice storm

By Jennifer Lanning Drey

Portland, Ore., Dec. 16 - The hearing on Equity Media Holdings Corp.'s lender agent's request to convert the company's case to Chapter 7 bankruptcy or dismiss the case was postponed due to an ice storm, according to a legal source.

The U.S. Bankruptcy Court for the Eastern District of Arkansas has not yet rescheduled the hearing. It was originally scheduled for Tuesday.

Equity Media, based in Little Rock, Ark., owns and operates television stations. Its Chapter 11 case number is 08-17646.

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