A bankruptcy judge yesterday signed off on Dolan Co.'s bankruptcy restructuring plan that hands control of the legal publishing business to the company's lenders, Dow Jones Daily Bankruptcy Review reported today. Bankruptcy Judge Brendan L. Shannon approved Dolan's chapter 11 plan to turn its business over to Bayside Capital Inc. and other lenders despite the protests of shareholders who argued that the deal deliberately undervalued the company in order to strip shareholders of their stakes.
