A dose of hard news for consumers of local news in D.C.: On Friday, Davis Kennedy, the longtime publisher of the Current Newspapers, petitioned a bankruptcy court to change from Chap. 11 to Chap. 7.
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A Chapter 7 filing is essentially the final phase -- liquidating assets -- in shutting down the business. In response to the switch, Current Editorial Director Kate Michael sent an email indicating that the Current would be ceasing editorial operations.
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Michael wrote, "I am not sure if we will be able to resume in the future under any circumstances, but will be in touch with you should that be possible."
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On Saturday night, I contacted Publisher and President David Ferrara, who said he would have no comment at this time.
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End of conversation
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