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Court approves Dodgers sale
By Kevin Reichard on April 14, 2012 in Major-League Baseball, News
Over objections from Major League Baseball, U.S. Bankruptcy Court Judge Kevin Gross approved the sale of the Los Angeles Dodgers, Dodger Stadium and other assets to Guggenheim Baseball Management for $2.15 billion. The objections to the sale rose from inconsistencies between the sales agreement and MLB rules, according to MLB attorney Thomas Lauria, who added that […]
Dodgers sale expected to be approved Friday
Absent any major opposition from MLB and Fox Sports — save some minor requests for clarification — the sale of the Los Angeles Dodgers and Dodger Stadium should be approved on Friday. U.S. Bankruptcy Judge Kevin Gross is scheduled to review the final disposition of the sale of the team, the ballpark and associated assets […]
McCourt looted $189 million from Dodgers: MLB
By Kevin Reichard on October 25, 2011 in At the Ballpark, The Front Office
Frank McCourt has raided Los Angeles Dodgers and Dodger Stadium financial coffers improperly to the tune of $189.16 million, according to MLB attorneys, in anticipation of bankruptcy-court proceedings next week. The battle lines are emerging in the Delaware bankruptcy proceedings: MLB attorneys say McCourt isn't fit to run and own the team; Fox opposes McCourt's […]
Weirdness bubbles to surface in Dodgers bankruptcy
By Kevin Reichard on August 17, 2011 in Major-League Baseball, News
A lawyer representing five Los Angeles Dodgers season-ticket holders — including the Frank Sinatra estate — is asking a Delaware bankruptcy court to force the team to pay for her representation of fans in the court proceedings. The Sinatra heirs control eight primo season tickets at Dodger Stadium. Bankruptcy attorney Robbin L. Itkin is asking […]
Bankruptcy court denies Dodgers document request — for now
By Kevin Reichard on July 8, 2011 in Major-League Baseball, News
Delaware bankruptcy Judge Kevin Gross denied a request by Los Angeles Dodgers attorneys to have Major League Baseball produce a wide-ranging set of documents designed to show Bud Selig treated Frank McCourt differently than other MLB owners. Not a complete surprise. The Los Angeles Dodgers are seeing bankruptcy protection and have arranged $150 million in […]