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Ticket holders get role in Dodgers bankruptcy
DOVER, Del.—Los Angeles Dodgers season ticket holders are getting seats on the creditors committee in the team's bankruptcy case. The US trustee for Delaware's bankruptcy court on Tuesday appointed two
Updated: 10/25/2011 02:45P
Season ticket holders on Dodgers' committee of creditors
Los Angeles Dodgers season ticket holders are getting seats on the creditors committee in the team's bankruptcy case. The US trustee for Delaware's bankruptcy court on Tuesday appointed two representatives of the season ticket holders to the Dodgers'
Updated: 10/25/2011 02:40P
Will John Paulson Manage To Cut Deal With MetLife For Resorts? Hilton Joins
Hedgie John Paulson is trying to keep control of three plush resorts that've fallen under bankruptcy court protection. According to reports, he's cut a tentative deal with the senior mezzanine lender to the resorts, MetLife (MET).
Updated: 10/25/2011 02:38P
BASEBALL: Report: MLB says McCourt looted $190M from Dodgers
LOS ANGELES — Dodgers owner Frank McCourt looted nearly $190 million from the team, using the money for non-baseball use in violation of Major League Baseball rules, according to Delaware bankruptcy court documents filed on Monday.
Updated: 10/25/2011 02:29P
Season ticket holders get seats on Dodgers' committee of unsecured creditors
Los Angeles Dodgers season ticket holders are getting seats on the creditors committee in the team's bankruptcy case. The US trustee for Delaware's bankruptcy court on Tuesday appointed two representatives of the season ticket holders to the Dodgers'
Updated: 10/25/2011 02:28P
Will Fliers Feel the Pinch as American Airlines Loses Money, Pilots and Capacity?
If you take a look at the stock trends in the recent weeks, American Airline shares have fallen 33 percent and they're the only airline that never filed for bankruptcy when things got tough. TM: It's so interesting because in the middle of the last
Updated: 10/25/2011 02:22P
Ahwatukee Self Storage in Phoenix Sold to Private Company for $1 62M
The sale was negotiated by Bill Alter and Denise Nunez of Rein & Grossoehme Commercial Real Estate, which specializes in the sale of self-storage facilities, shopping centers, office and industrial buildings, and single-tenant leased properties and
Updated: 10/25/2011 02:21P
MLB Accuses Dodgers Owner of 'Siphoning' $190M
The league filed documents in a Delaware bankruptcy court Monday and accused McCourt of “siphoning” $189.16 million of team revenue for non-baseball use. Major League Baseball claimed McCourt took $61.16 million of the team's revenue to pay off
Updated: 10/25/2011 02:05P
MLB: Frank McCourt Guilty Of "Looting" Dodgers
It's a lot to digest, but the most important thing to take away from the article is probably that the name of the US bankruptcy judge is Kevin Gross, who is presiding over the case despite having spent four years with the Dodgers.
Updated: 10/25/2011 02:02P
Beartooth Electric Cooperative to fight Southern over refusal to seat member
BEC President Roxie Melton said Beartooth also considers subsequent actions by Southern's board -- filing for bankruptcy and immediately hiking wholesale power rates 20 percent to its members -- to be invalid. The Red Lodge-based rural co-op board
Updated: 10/25/2011 01:53P