Auction Plan For Coyotes Favors Opponents Of Move

Law360, New York (June 23, 2009, 12:00 AM EDT) -- A federal bankruptcy judge has handed a win to the NHL and the city of Glendale, Ariz. — both of which have been fending off a potential buyer's attempts to move the bankrupt Phoenix Coyotes to Canada — by approving an auction schedule for the team that favors bidders who want the team to stay in Arizona.

Judge Redfield T. Baum of the U.S. Bankruptcy Court for the District of Arizona on Monday approved a two-phase auction schedule that would give buyers who do not plan...
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