2 Officers of Hollinger’s Holding Company Quit

Media tycoon Conrad Black and longtime business partner David Radler have resigned as officers and directors of Ravelston Corp., the private holding company behind the troubled Hollinger media empire.

A lawyer for Ravelston told Ontario Superior Court in Canada about the resignations as the firm sought bankruptcy protection from creditors.

The lawyer said Ravelston had been drained of cash because it no longer received multimillion-dollar management fees from its subsidiaries Hollinger Inc. and Chicago-based newspaper operator Hollinger International Inc.