Comcast Blasts Astros Owner's Suit Over Regional Network

Law360, Houston (December 10, 2013, 5:01 PM EST) -- Comcast Corp. told a Texas bankruptcy judge Monday that a fraud suit filed by the owner of the Houston Astros is threatening efforts to revive a co-owned regional sports network and that the team should be forced to present a viable plan for salvaging the network.

Comcast told U.S. Bankruptcy Judge Marvin Isgur that Astros owner Jim Crane’s suit accusing billionaire Drayton McLane Jr. and Comcast of conspiring to inflate the value of the ball club and its stake in Houston Regional Sports Network LP is...
To view the full article, register now.