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Blackstone Group to manage sale of Dodgers
Major League Baseball Commissioner Bud Selig has asked the US Bankruptcy Court to order the Dodgers sold. Frank McCourt had long said he would not sell the team. The Dodgers filed for Chapter 11 bankruptcy protection in June, after McCourt claimed that
Updated: 11/02/2011 12:29A
Husky legend Mark Brunell facing bankruptcy
Brunell, who was drafted by the Green Bay Packers in 1993, is the focus of no less than six lawsuits and is currently in bankruptcy court, according to Action News>. Husky legend Mark Brunell facing bankruptcy.
Updated: 11/02/2011 12:23A
McCourt Agrees to Sell Dodgers, Team to be Auctioned in Bankruptcy Court
LOS ANGELES – Embattled Los Angeles Dodgers owner Frank McCourt agreed Tuesday to sell the ball club, with the team to be auctioned in bankruptcy court, the Los Angeles Times reported. The sale is expected to include Dodger Stadium and the surrounding
Updated: 11/02/2011 12:22A
Report: FBI joins hunt for MF Global funds
NEW YORK, Nov 2, 2011 (UPI via COMTEX) -- The US Justice Department has joined the search for an estimated $600 million missing from MF Global, CNN reported, citing sources close to the investigation. Federal prosecutors and the FBI were working along
Updated: 11/02/2011 12:21A
Jon Corzine firm admits using clients' money as financial troubles mounted
It required the company to raise more cash, according to court papers filed on Monday. MF Global reported its biggest ever quarterly loss last week, mainly because of losses on proprietary trading. Credit rating agencies downgraded the company's bonds
Updated: 11/02/2011 12:20A
Harrisburg Doesn't Need OK
Mary France of the US Bankruptcy Court for the Middle District of Pennsylvania in Harrisburg agreed, however, to clarify that federal Chapter 9 bankruptcy law allows the city to pay routine bills without special court permission.
Updated: 11/02/2011 12:14A
Big bets, big risks with clean energy
Although the Stephentown project was mostly financed with a $43 million federal loan, the New York State Energy Research and Development Authority has contributed $1.8 million and is expected to spend $470 million over the next five years on hundreds
Updated: 11/02/2011 12:12A
Report: McCourt agrees to sell Dodgers
Embattled Los Angeles Dodgers owner Frank McCourt agreed Tuesday to sell the ballclub, with the team to be auctioned in bankruptcy court, the Los Angeles Times reported. The sale is expected to include Dodger Stadium and the surrounding parking lots.
Updated: 11/02/2011 12:11A
Birmingham wants JEFFCO to pull the trigger on bankruptcy
The Birmingham City Council wants the Jefferson County Commission to declare Chapter 9 bankruptcy. The council unanimously passed a resolution Tuesday urging the county to reject a settlement plan with bond holders, declare bankruptcy,
Updated: 11/02/2011 12:10A
Frank McCourt Agrees to Sell Los Angeles Dodgers
McCourt tried to repeatedly sell television rights to Fox Sports Net, but commissioner Bud Selig blocked the move each time it happened. McCourt was probably one of the worst owners in baseball and I'm pretty sure he still owes players money.
Updated: 11/02/2011 12:08A
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