June 27, 2011
News Coverage, Answers, Appeals, Complaints, Motions, Orders, Trial Notes
A Delaware bankruptcy judge on Monday blocked the ex-wife of former Los Angeles Dodgers owner Frank McCourt from obtaining confidential mediation documents, information she had hoped to use in California court to bolster support for reconsideration of her $131 million divorce settlement.
The Los Angeles Dodgers asked a Delaware bankruptcy judge Friday to block the ex-wife of the baseball team's former owner, Frank McCourt, from getting her hands on documents used in a mediation, as she tries to build her case that her ex-husband lowballed the team's value by $1.7 billion.
A Delaware bankruptcy judge on Tuesday gave defunct Dewey & LeBoeuf LLP a $500,000 fee enhancement for its work on the Los Angeles Dodgers baseball team's bankruptcy, an effort the firm had insisted was "outstanding."
Defunct Dewey & LeBoeuf LLP told a Delaware bankruptcy court Tuesday that it deserved a $500,000 fee enhancement for its "Herculean" work on the Los Angeles Dodgers baseball team's bankruptcy as the law firm itself was collapsing.
While rival firms continued to walk off with lawyers from Dewey & LeBoeuf LLP on Wednesday, the recent shake-ups at the shattered firm were blamed for Dewey falling behind on fee filings in the Los Angeles Dodgers bankruptcy.
A Delaware bankruptcy judge gave his blessing Friday to the Los Angeles Dodgers' reorganization plan and the $2 billion sale of the storied baseball franchise, despite an 11th hour barrage of objections from Major League Baseball.
A Fox Sports affiliate that owns rights to telecast the Los Angeles Dodgers objected Tuesday to the team's plan for exiting Chapter 11, saying the proposal fails to ensure the broadcast agreement will be protected following a $2 billion sale of the team to Magic Johnson's investment group.
The ex-wife of Los Angeles Dodgers LLC owner Frank McCourt on Monday made a simple demand of the bankrupt team — pay me — arguing that the franchise should cover her $131 million divorce settlement before its slated emergence from bankruptcy at the end of month.
The Los Angeles Dodgers LLC announced Friday that they expect to emerge from their Chapter 11 bankruptcy by the end of the month after filing an amended reorganization plan that includes their sale to Guggenheim Baseball Management LP for $2 billion.
Investors led by former basketball star Magic Johnson and investment firm Guggenheim Partners LLC won an auction for bankrupt baseball team the Los Angeles Dodgers on Tuesday with a blockbuster $2 billion bid.