A federal district judge ruled that Georgia Kaney, the News-Journal’s former publisher, and David R. Kendall, its former chief financial officer, must pay almost half a million dollars in legal fees Cox Newspapers incurred to avoid paying the pair $5.5 million in severance, the latest wrinkle in the collapse of the local newspaper dynasty.
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For 1,200 News-Journal Pensioners, a Bittersweet Victory in Appeals Court’s Overrule
The 11th Circuit Court of Appeals ruled that an Orlando district judge misread Florida law when he brushed aside a $26.5 million claim from the federal PBGC to cover present and future retirement payments for Daytona Beach News-Journal employees.