Morris Publishing Group's reorganization plan was confirmed in U.S. Bankruptcy Court in Augusta, Ga. Wednesday, clearing the way for the parent of The Florida Times-Union in Jacksonville and a dozen other dailies to emerge from bankruptcy as soon as March 1.

Under the plan confirmed by the court, Morris Publishing will reduce its debt from approximately $418 million to approximately $107 million.

Morris filed a "pre-packaged" bankruptcy reorganization plan in January that was approved in advance by the great majority of its bondholders and senior secured creditors.

Under the plan, Morris will swap $100 million of new second lien secured notes due in 2014 for the cancellation of about $278.5 million of outstanding senior subordinated unsecured notes that are due in 2013.

At the same time, entities owned and controlled by the Morris family will make a capital contribution of approximately $85 million and pay down intercompany debt amounting to about $25 million. That will cancel about $110 million of Morris Publishing's senior secured debt.

Maui County is suing Merrill Lynch, Pierce, Fenner & Smith Inc. in federal court over access to $32 million invested in student-loan auction-rate securities, county officials announced Wednesday.

The county purchased securities from Merrill Lynch with the understanding they were safe, short-term, liquid investments, the officials said.

"The County of Maui was told that the investments could be easily accessed, just like cash," said Maui Mayor Charmaine Tavares. "Assurances by Merrill Lynch at the time of the investment turned out to be false, and we are seeking justice for the taxpayers of Maui County."

Merrill Lynch spokesman Bill Halldin defended the company.

"We acted appropriately, made relevant disclosures to the county concerning auction rate securities, and intend to vigorously defend ourselves," he said.

County officials said about $44 million in student-loan auction-rate securities (SLARS) were purchased through Merrill Lynch between Aug. 16, 2007, and Jan. 16, 2008, and today, the county owns $32 million of the securities that are not liquid.

"Maui County seeks to recover its money," said Joachim Cox of Goodsill Anderson Quinn & Stifel LLP, special counsel for the county.

A judge is praising Chris Brown's progress on his probation for the beating of ex-girlfriend Rihanna.

Los Angeles Superior Court Judge Patricia Schnegg says Brown hasn't missed a session of domestic-violence counseling and has done 32 days of hard labor in his home state of Virginia.

She also cleared the 20-year-old R&B star to travel out of the United States in May and June for concerts. The exact locations weren't disclosed.

The judge's comments came during a Thursday hearing during which she reviewed Brown's progress with the terms of his probation. Brown was sentenced last year to five years of probation and six months of community labor for the February 2008 attack on Rihanna.

The FBI today arrested a Valrico man accused of damaging computers at a Tampa law office.

Edwin Vega Jr., 41, initially ignored agents who went to his house around 9 a.m., according to FBI spokesman David Couvertier. Agents believed Vega was inside his house, along with his wife and possibly one of his three children.

Agents tried telephoning Vega without success, and then brought a hostage negotiator to the home at 1833 Winn Arthur Drive, Couvertier said. The hostage negotiator also could not make contact with Vega, and so a SWAT team was called to the scene.

As the SWAT team was setting up a perimeter, the negotiator tried one more time to contact Vega, who responded and came out of the house, Couvertier said. He was placed under arrest.

Vega was charged in an indictment last week with transmitting a program, information, code and command to computers belonging to the law office of Daniel C. Consuegra, causing at least $5,000 in damages. The offense happened between Aug. 20 and Aug. 30, according to the indictment.

Freedom Communications asked a bankruptcy judge on Tuesday to approve the sale of the East Valley Tribune and several other Phoenix-area publications for about $2 million.

Irvine, Calif.-based Freedom Communications Holdings Inc. put the Tribune up for sale shortly after it filed for bankruptcy protection in September. The company said it planned to close the paper Dec. 31 if no buyer emerged and estimated that shutting it down would cost $1.5 million.

Thirteenth Street Media, a Boulder, Colo.-based company owned by Randy Miller, made an offer for the Tribune in November. Miller expanded his bid in January to include the Daily News-Sun in Sun City, the Ahwatukee Foothills News, Glendale/Peoria Today, Surprise Today, and the Clipper direct-mail coupon magazine.

Because Freedom is under bankruptcy protection, a judge must approve the sale, which is contingent on no better offers being made. The motion filed in U.S. Bankruptcy Court in Delaware said Freedom would accept offers until March 5.

Freedom will continue to publish the papers pending court approval of the sale. Freedom will remain the owner of its other paper in Arizona, The Sun in Yuma.

A federal appeals court is reviewing whether the imprisoned founder of Adelphia Communications Corp. and his son can face a second federal fraud trial.

A full 3rd U.S. Circuit Court of Appeals panel in Philadelphia will hear defense arguments that a second trial in Pennsylvania amounts to double jeopardy for John Rigas and his son, Timothy.

John Rigas is serving a 12-year term and Timothy Rigas a 17-year term after convictions in New York for defrauding their now-defunct cable television giant, which was based in Coudersport, Pa. Prosecutors say they used the company like a piggy bank.

A 3rd Circuit panel had sided 2-1 with the Rigases' double-jeopardy claims and ordered a lower-court review. The full panel is rehearing the issue at prosecutors' request.

Court papers filed Tuesday indicate a 29-year-old Anchorage man has acknowledged that he killed his neighbor and another woman for whose murder he was acquitted.

The plea agreement is between federal prosecutors and Joshua Alan Wade, who is charged with the 2007 torture killing of his neighbor, Mindy Schloss.

In the filing, Wade also said he killed another Anchorage woman, Della Brown, in 2000. A jury acquitted Wade of that crime.

Prosecutors were seeking the death penalty in the Schloss killing, which would make it the first capital punishment case in Alaska since before statehood. But the plea agreement calls for a 99-year sentence without parole.

Wade is expected to change his plea Wednesday in federal court and be sentenced.