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Bay Guardian goes after SF Weekly's parent
San Francisco Chronicle ^ | 1/4/10 | Bob Egelko, Chronicle Staff Writer

Posted on 01/04/2010 9:16:58 PM PST by SmithL

SAN FRANCISCO -- The $21 million war between San Francisco's alternative newspapers heated up in court Monday when the Bay Guardian asked for a stake in all property belonging to the rival SF Weekly and its parent company, the 14-paper Village Voice Media.

Nearly two years after a San Francisco jury found that SF Weekly had engaged in illegal price-cutting for advertisements to try to ruin the Bay Guardian, the Guardian has gotten court orders that allowed it to seize and sell its rival's two delivery trucks and confiscate the rents the Weekly receives from tenants in its office space on Berry Street.

But that has hardly made a dent in the damage award, which started at $6.2 million with the jury verdict, grew to $16 million with a judge's penalties under antitrust law, and has picked up another $5 million in interest. The next step, the Guardian's lawyer says, might be another court order that would allow it simply to take money from the Weekly's parent company until the debt was paid off.

The Weekly and Village Voice Media are resisting payment because "they don't want the Bay Guardian to have any money," attorney Jay Adkisson said after Monday's hearing in San Francisco Superior Court, in which the Guardian asked a commissioner to impose a lien on the parent company and its local paper. Nevertheless, he said, "we're methodically proceeding towards collection."

(Excerpt) Read more at sfgate.com ...


TOPICS: Business/Economy; Government; US: California
KEYWORDS: eatingtheirown; sanfranciscovalues; sfbayguardian; villagevoice
Leftists eating their own.
1 posted on 01/04/2010 9:16:59 PM PST by SmithL
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To: abb

fyi


2 posted on 01/04/2010 9:17:28 PM PST by SmithL (SARCHASM: The gulf between the maker of sarcastic wit and the person who just doesn't get it.)
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To: abb

fyi


3 posted on 01/04/2010 9:20:20 PM PST by SmithL (SARCHASM: The gulf between the maker of sarcastic wit and the person who just doesn't get it.)
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To: SmithL

sounds like a job for the boys at “Your Regular Black Bakery”


4 posted on 01/04/2010 9:21:54 PM PST by spokeshave (Albore can uninvent the internet about as well as 0bama can unjump the shark)
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To: SmithL

Leftist law used by one leftist against another.How fitting.


5 posted on 01/04/2010 9:40:55 PM PST by Nateman
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To: SmithL

Here’s hoping the Metro gets gobbled up down the road, another leftist rag .


6 posted on 01/05/2010 9:58:53 AM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. May yur bandwidth exceed your girth)
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