Tribune creditors from three different groups filed rival proposals to reorganize the newspaper publisher and end its almost two-year stay in bankruptcy.

The three plans were filed on Friday at Delaware’s Bankruptcy Court, and they will compete for creditor votes against the proposed plan made by the company. Judge Kevin J. Carey from the U.S Bankruptcy will take care of those votes until he decides which plan to approve.

The proposals will allow the Tribune businesses, which include Los Angeles Times and Chicago Tribune to bring them out from bankruptcy. However, the creditors battle over how to divide its ownership, and resolve the fraud allegations which the company is accused of.

The Tribune owns 23 television stations. A year after real estate developer, Sam Zell bought the company, Tribune filed for bankruptcy with billions of dollars in debt.

The company proposed a reorganization plan according to a settlement between three lenders, JPMorgan Chase and Co, Oaktree Capital Management, and Angelo Gordon & Co. Included in the plan, those three lenders would end up managing the company.

The plan made by the Tribute tries to shun from as many potential lawsuits through putting up a value on legal claims, as well as settling with the bondholders.

However, the Aurelius Capital Management, which holds the largest portion of those bonds, evidently has no plans of accepting the company’s settlement, thus filed their competing plans. The other rival plans were filed by King Street Capital LP and Marathon Asset Management LP.

Their plans are different from the plans of the company through pursuing the legal claims and foregoing the settlements.