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Tom Gaglardi Approved As New Stars Owner
Fifteen months after the Texas Rangers removed Hicks the Stars have officially turned the page, as a Delaware bankruptcy court approved the prepackaged plan Friday morning. Tom Gaglardi takes over a franchise that has lost over $90 million over the
Updated: 11/18/2011 05:09P
HOA Fees Can Still Be Assessed After Foreclosure and Even After Bankruptcy
The cause of most homeowner liability for HOA fees -- even during or after the bankruptcy or foreclosure process -- leads back to the 2005 bankruptcy law changes. The law states that "as long as the debtor or trustee has a legal, equitable or
Updated: 11/18/2011 05:08P
Judge rejects Las Vegas Monorail bankruptcy plan
By Tim O'Reiley US Bankruptcy Court Judge Bruce Markell has turned down the debt repayment plan that would have allowed the Las Vegas Monorail to exit Chapter 11 bankruptcy. The monorail had proposed eliminating more than $600 million in bonds to
Updated: 11/18/2011 05:04P
It's official: Stars sold to Gaglardi
Today's events bring to a close a tough chapter in Stars' history that began when Hicks Sports Group ran into hard financial times, defaulted on $525 million in loans in 2009, put the club up for sale in early 2010 and eventually saw the team run by
Updated: 11/18/2011 05:03P
McCourt abusing the bankruptcy process: Fox Sports
NEW YORK (TheWrap.com) - If you thought Los Angeles Dodgers owner Frank McCourt was mad when Major League Baseball wouldn't let him sign a new TV deal with Fox, you should see what Fox has to say about McCourt trying to stiff them.
Updated: 11/18/2011 05:01P
Luxor Set to Take Control of William Lyon in Restructuring
The reorganization plan comes after weeks of negotiations with creditors as the Newport Beach, California-based company's cash supply dwindled amid slowing home sales. Billionaire Thomas Barrack's Colony Financial Inc., which gave the builder a $206
Updated: 11/18/2011 04:59P
Vancouver's Gaglardi takes over Stars
Vancouver businessman Tom Gaglardi is the Dallas Stars' new owner after a bankruptcy court in Delaware approved the sale of the team. The team had been up for sale since early 2010 after running into financial problems. The Stars are reportedly
Updated: 11/18/2011 04:55P
Dodgers media hearing up in air
Blog Fox contends that the planned media rights sale violates an existing contract giving it television rights through 2013 and priority in negotiating a contract for games starting in 2014. It has filed a lawsuit seeking to enforce its right under the
Updated: 11/18/2011 04:51P
Giordano's bankruptcy trustee details the pizza chain's auction
By Becky Yerak Tribune reporter When US Bankruptcy Judge Eugene Wedoff learned he'd be overseeing the Chapter 11 reorganization of the Giordano's pizza chain, he was eating dinner -- a Giordano's stuffed spinach pizza, to be exact.
Updated: 11/18/2011 04:43P
Greek government submits budget; EU, IMF team meets PM
ATHENS: Greece's new government took a first step on Friday towards meeting terms of an international bailout needed to avoid bankruptcy, submitting a budget bill that foresees no new austerity measures next year as long as reforms are enacted.
Updated: 11/18/2011 04:38P
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