The parent firm of bankrupt National Hockey League team the Phoenix Coyotes has filed a new disclosure statement in its Chapter 11 proceedings, outlining the treatment of prepetition claims and equity interests under the proposed reorganization plan.
The Texas Rangers' Chapter 11 filing should be treated as a traditional bankruptcy rather than a prepackaged plan because its lenders did not have a hand in developing the proposal and the Major League Baseball team did not solicit voting before launching the case, the U.S. trustee said Tuesday.
A lawsuit accusing Adidas AG and NBA Properties Inc. of infringing trademarks and copyrights with their “We Not Me” marketing campaign for the Boston Celtics will jump from the so-called rocket docket of eastern Texas to Oregon, a federal judge has ruled.
The U.S. Supreme Court on Monday shot down the National Football League's hard-fought bid for expanded antitrust protection. Law360 asked leading antitrust attorneys to weigh in on the scope and significance of the ruling.
Major League Baseball's Texas Rangers have filed for bankruptcy protection in a move aimed at smoothing the team's pending $575 million sale to a group led by Rangers President and Hall of Fame pitcher Nolan Ryan and Pepper Hamilton LLP partner Charles Greenberg.
In response to a letter from the head of the Bowl Championship Series telling Congress to butt out of the mechanics of the college football postseason, Sen. Orrin Hatch, R-Utah, blasted the BCS system as “woefully unfair” in its competitive and contractual treatment of lesser-known conferences and teams.
The U.S. Supreme Court on Monday rejected a push by the National Football League for broader protections from antitrust scrutiny, in a ruling court watchers say will have implications not only for the NFL and other sports leagues but for a wide range of industries that engage in joint ventures.
The head of the college football Bowl Championship Series defended the postseason series and its revenue-sharing deals on Thursday, arguing that any concerns about whether the BCS' contracts unfairly discriminate against lesser-known schools belong with college officials, not Congress.
Retired NFL superstar defensive tackle Warren Sapp, who won a Super Bowl with the Tampa Bay Buccaneers in 2002, has strapped on his litigation pads to try to reclaim more than $102,000 he invested with now-disgraced South Florida lawyer Scott W. Rothstein.
A startup basketball league has sued two former employees for allegedly stealing confidential information and trade secrets to form a rival league with a nearly identical name.
Adding yet another front to its battle against major sports broadcasters and Web media powerhouses, DDB Technologies LLC has accused NHL Enterprises Inc. of infringing several patents covering technology for online simulations of live sporting events.
Four former officers of bike maker Huffy Corp. have agreed to pay $8 million to resolve shareholder litigation accusing them of concealing the company's financial condition prior to its acquisition of sporting goods manufacturer Gen-X Sports Inc.
Ross Perot Jr., a minority owner of the National Basketball Association's Dallas Mavericks, has sued majority owner Mark Cuban's management company for breach of contract, accusing the billionaire of decimating the team's financial well-being and asking the court to take over the franchise to prevent continued harm.
DDB Technologies Inc. has accused AOL Inc. of infringing several patents covering Internet broadcast simulation technology, marking the latest suit in a litigation rampage that has targeted a number of Web media companies and major sports broadcasters.
The New York Giants and the New York Jets have teamed up in their bid to boot a breach of implied contract claim in a proposed class action accusing the National Football League franchises of unlawfully requiring season-ticket holders to purchase "personal seat licenses" for games at the teams' new stadium in the Meadowlands.
Basketball star Dwyane Wade has again asked a district court to throw out an antitrust suit accusing the Miami Heat guard of restraining competition in personalized memorabilia markets by backing out of a restaurant endorsement deal.
Two professional football players who tested positive for a banned diuretic have lost their bid for damages and a permanent injunction barring the NFL from suspending them on the grounds that the league's drug testing policy violates Minnesota labor laws.
The U.S. Securities and Exchange Commission has cut a temporary deal with former Detroit Lions receiver Michael Farr, a friend of alleged private equity fraudster Roy Dixon, requiring Farr to provide additional security in return for the government lifting a freeze on a car dealership he owns.
Patent-holding company Front Row Technologies LLC has taken a swing at two of Major League Baseball's corporate properties, claiming infringement of three mobile video broadcasting patents.
Speedo USA has won its bid to toss the remainder of competitor TYR Sport Inc.'s antitrust suit accusing Speedo and the U.S. national swim team of working together to promote Speedo swimsuits at the expense of TYR's products.