jeudi 30 juin 2011

Dodgers Said to Warn MLB’s Monitor Not to Interfere With Team Operations

The Los Angeles Dodgers warned the monitor appointed by Major League Baseball to oversee the team not to interfere with its operations, saying in a letter he would be violating a bankruptcy court order, a person familiar with the document said.

The letter cited a routine order in all bankruptcy cases known as the automatic stay, which temporarily halts lawsuits while a company tries to reorganize under court protection, according to the person, who has seen the letter and wasn’t authorized to speak publicly about it.
In April, Baseball Commissioner Bud Selig said he was appointing a representative to oversee the team’s business and day-to-day operations because of “deep concerns regarding the finances and operations of the Dodgers.” He later named Thomas Schieffer, former president of the Texas Rangers, as the team’s monitor.
The Dodgers filed for bankruptcy on June 27 after Selig rejected a proposed television-rights deal with News Corp. (NWSA)’s Fox Sports. The team listed assets of as much as $1 billion and debt of as much as $500 million in a Chapter 11 petition filed in U.S. Bankruptcy Court in Wilmington, Delaware.
Patrick Courtney, a spokesman for Major League Baseball, declined to comment. Dodgers attorney Bruce Bennett didn’t immediately return calls for comment.
The case is In re Los Angeles Dodgers LLC, 11-12010, U.S. Bankruptcy Court, District of Delaware (Wilmington).

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