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Fox Sports Sues Dodgers to Block Possible Media Rights Sale
s Fox Sports sued the Los Angeles Dodgers to prevent a possible sale of future media rights as part of the Major League Baseball team's bankruptcy proceedings. Fox Sports Net West 2 LLC, which does business as Prime Ticket, said in an adversary
Updated: 09/28/2011 12:30A
Mets Ruling Pares Picard Allegations to Single Fraud Claim
It's “not a big win for Picard but not a total loss,” said Harvey Miller, a bankruptcy lawyer at Weil Gotshal and Manges LLP. “He still has significant viable claims. By the same token Wilpon and Katz have achieved a reduced exposure at least at this
Updated: 09/28/2011 12:30A
Greece Passes Tax, Now Faces 'Troika' Scrutiny
It will also now extend the new real estate tax until 2014, two years longer than originally planned, after the troika judged Greece's estimate that it would raise 2 billion euros a year to be two times too high. The EU and the IMF say Greece has been
Updated: 09/28/2011 12:21A
Florida's Dirt Bond Holders Fight for Standing in Bankruptcy Pecking Order
Payments on other obligations will begin first, including on a $6.6 million loan held by Mount Kellett Capital Management LP and toward outstanding real-estate taxes, according to court documents. The developer is “very comfortable” that bondholders
Updated: 09/28/2011 12:18A
Rajaratnam Sentence, Goodrich, MillerCoors, S&P, RBS, Sabre in Court News
John Moran, a spokesman for United Technologies, said he hadn't seen the lawsuit and declined to comment on the complaint. Lisa Bottle, a spokeswoman for Goodrich, didn't return a voice-mail message. The case is New Jersey Carpenters Annuity Fund vs.
Updated: 09/28/2011 12:17A
Greece new attempts to avoid bankruptcy
Finance Minister Evangelos Venizelos has since drafted a plan to catch up on the delays, which have put the government behind on a goal to cut the budget shortfall to 7.6 percent of gross domestic product this year. In the accelerated strategy,
Updated: 09/28/2011 12:15A
Schapiro: Museum bankruptcy another Wilder heartbreaker
If Doug Wilder could talk to Doug Wilder about the bankruptcy of his US National Slavery Museum in Fredericksburg, he might ask, as Doug Wilder did when confronted with an impertinent question in 1991, "What would you have me do?
Updated: 09/28/2011 12:10A
Borders Group gets court's OK to sell intellectual property to Barnes & Noble
On Monday, Judge Martin Glenn of US Bankruptcy Court in New York City approved the transaction after reviewing new terms between Borders and Barnes & Noble that will protect the privacy rights of 48 million customers. New York-based Barnes & Noble won
Updated: 09/28/2011 12:07A
Former Peanut Corp. head fights to restrict release of records
Stewart Parnell asked a judge earlier this month to stop the lawyer who administered Peanut Corp. of America's bankruptcy from turning over records to the Department of Justice. Parnell claims some of those records may contain emails to his lawyer that
Updated: 09/28/2011 12:03A
Greece faces scrutiny, Merkel says bailout may change
It will also now extend the new real estate tax until 2014, two years longer than originally planned, after the troika judged Greece's estimate that it would raise 2 billion euros a year to be two times too high. The EU and the IMF say Greece has been
Updated: 09/28/2011 12:01A
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