A group of bondholders represented by Wilmington Trust Co. sued JPMorgan Chase and other banks that financed the buyout in March, claiming they knew that the resulting debt load would leave Tribune insolvent. The bondholders argue that the deal was fraudulent because it loaded up Tribune with too much new debt that was used to cash out Tribune stockholders. They asked in the lawsuit that the banks' secured claims be disallowed, or at least paid only after the bondholders' unsecured claims are satisfied. Typically, secured claims get higher priority.