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MLB asks judge to order sale of LA Dodgers
Lawyers for Major League Baseball are asking a Delaware bankruptcy judge to order the sale of the Los Angeles Dodgers. In a court filing on Friday, MLB lawyers argue that Dodgers owner Frank McCourt is using the team's bankruptcy to resolve his own
Updated: 09/23/2011 08:09P
MLB lawyers asks judge to order sale of Dodgers
(AP) -- Attorneys for Major League Baseball asked a Delaware bankruptcy judge on Friday to clear the way for a sale of the Los Angeles Dodgers, saying team owner Frank McCourt is driving the team to destruction. Attorneys for the league argued in a
Updated: 09/23/2011 08:07P
Statement from the Los Angeles Dodgers Regarding Filing Made Today by Major
In United States bankruptcy reorganization cases, liquidation is the last resort, not the first option. The debtor's Media Rights Plan, which was filed on September 16th, is designed to maximize the value of the Dodgers so it has the opportunity to
Updated: 09/23/2011 08:05P
Dodgers transfer radio broadcast rights
SAN DIEGO -- On the day the question of who will end up with their television rights once again took center stage in the team's bankruptcy trial, the Los Angeles Dodgers quietly closed in on a deal to transfer their radio-broadcast
Updated: 09/23/2011 08:05P
Big Nevada contractor in bankruptcy
The filing in US Bankruptcy Court for Nevada in Las Vegas by Interstate listed $17.4 million in assets against liabilities of $40.5 million. Also filing for bankruptcy were affiliated companies Interstate Acquisitions LLC, Interstate California
Updated: 09/23/2011 08:02P
Early Marilyn Monroe Photos, Copyrights to Sell at Auction
A bankruptcy judge in Florida ruled earlier this week that photos taken in 1946 of Norma Jeane Dougherty -- who went on to become the iconic Monroe -- will be sold at auction to settle the debts of the photographer. Joseph Jasgur's photos, negatives
Updated: 09/23/2011 08:02P
MLB asks judge to order Dodgers sale
Attorneys for Major League Baseball asked a Delaware bankruptcy judge on Friday to clear the way for a sale of the Los Angeles Dodgers, saying team owner Frank McCourt is driving the team to destruction. Attorneys for the league argued in a court
Updated: 09/23/2011 08:01P
Competition, Bankruptcy, and the Decline of the United Auto Workers
Following the 2008 economic crisis, the General Motors Corporation declared bankruptcy. GM managers had few people to blame for their abysmal failure other than themselves. The company was so badly managed before the 2009 bankruptcy that it lost a
Updated: 09/23/2011 07:50P
Dodgers statement: MLB trying to force distressed sale
In court papers filed earlier in the day, the league asked that the Bankruptcy Court order the sale of the Dodgers. In response, the Dodgers said that, under US bankruptcy law, "liquidation is the last resort, not the first option.
Updated: 09/23/2011 07:44P
DOE Rescinds Solar Loan Guarantees In Wake Of Solyndra Bankruptcy
The collateral damage from the Solyndra bankruptcy is growing. On Friday, Silicon Valley startup SolarCity said the US Department of Energy had canceled a conditional $275 million loan guarantee to double the nation's solar panel installations only two
Updated: 09/23/2011 07:42P