Dodgers Seek To End Ch. 11 By Auctioning TV Rights

Law360, New York (September 16, 2011, 9:05 PM EDT) -- The Los Angeles Dodgers Inc. asked a Delaware bankruptcy judge on Friday for permission to auction off the team's television rights, which it says should generate enough cash to pull it out of bankruptcy.

The bankrupt baseball team says selling the rights to 150 preseason and regular season games beginning with the 2014 Major League Baseball season would "generate more than enough liquidity to pay in full all creditors, meet all of [the Dodgers'] operational needs over a longer term and provide a significant return to...
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