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McCourt, MLB agree to process to sell Dodgers (AP)
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt , MLB agree to process to sell Dodgers ( AP )
Updated: 11/02/2011 02:32A
McCourt, MLB agree to sell Dodgers
1, 2011 to sell one of the sport's most storied franchises, ending a seven-year term that saw the team's return to the playoffs but was mired in legal troubles capped by its filing for bankruptcy protection. By GREG RISLING | Associated Press Embattled
Updated: 11/02/2011 02:32A
Tribune Co. deep in review; plans to hammer out adjustments for bankruptcy judge
Tribune Co. and its allies in bankruptcy court were optimistic Tuesday that their plan for reorganizing the company had a real chance of winning a Delaware judge's approval. But as lawyers hunkered down to
Updated: 11/02/2011 02:27A
Tribune path out of bankruptcy remains murky
One lawyer said it is still possible federal law governing retirement accounts might give Tribune Co. a way to defend the releases but it wasn't clear how effective such a strategy could be. "We haven't given this up yet," Liebentritt said,
Updated: 11/02/2011 02:22A
Frank McCourt, MLB agree to sell Dodgers in auction
The announcement comes as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 02:19A
BC-BBN-DODGERS-SALE-1STLD-WRITETHRU-NYT
Frank McCourt, the embattled owner of the Los Angeles Dodgers, and Major League Baseball agreed late Tuesday on a plan to sell the iconic team, which filed for bankruptcy last June after Commissioner Bud Selig rejected its plan to sell its future TV
Updated: 11/02/2011 02:16A
Vallejo's bankruptcy ends after 3 tough years
Real estate agents were required to disclose the city's status to buyers, and national media pointed to Vallejo as a nightmare scenario for cash-strapped cities everywhere. "I'd only advise cities to go this route if they have no other options,"
Updated: 11/02/2011 02:11A
MF Global denies accusations of shortfalls in accounts
NEW YORK — MF Global on Tuesday denied accusations of shortfalls in its brokerage customers' accounts, one day after filing the eighth-largest corporate bankruptcy in history. After being pressed by Judge Martin
Updated: 11/02/2011 02:11A
Croatia has to brace for an avalanche of bankruptcies
Croatia has to brace for an avalanche of bankruptcies that loom on the horizon this and next year, expert warns. There were 2500 new bankruptcy cases in the first six months of this year, or 66 per cent more than in the entire last year.
Updated: 11/02/2011 02:08A
Fired Solyndra CEO had $500000 severance deal
The documents, filed Monday, show Solyndra paid more than $17000 to its bankruptcy law firm in early February. That was two weeks before finishing a loan restructuring in which about $70 million borrowed from private investors got priority for
Updated: 11/02/2011 02:05A