WILMINGTON, Del. —
A federal bankruptcy court judge in Delaware is deciding whether to approve a reorganization plan by the Los Angeles Dodgers that would put the team on track to exit bankruptcy by April 30.
The team said earlier this week that it expects U.S. Bankruptcy Judge Kevin Gross will confirm Frank McCourt’s plan to sell the team for $2 billion to Guggenheim Baseball Management. Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner; former Atlanta Braves president Stan Kasten would run the team.
During a morning portion of the hearing, lawyers for the Dodgers and Fox, the Dodgers’ current broadcaster, said they’d agreed on language Fox had sought stating Time Warner Cable is not involved in the purchase.
Sports
April 13, 2012
Dodgers’ planned sale before judge
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Large-school state track and field competition begins today
Globe File Carl Junction's Alex McMullen (left), pictured during the district track meet on May 11, is part of the Bulldogs' 4x400 relay team that has qualified for the Class 3 state meet in Jefferson City.
Shane Williams of Mount Vernon is among the favorites in three events at the MSHSAA Class 3 Track and Field Championships on Friday and Saturday at Dwight Reed Stadium in Jefferson City.
Continued ... - 2 Lions earn All-American track honors
- Eagles' state tennis entries are veterans
- Oronogo driver wins second feature
- Seven athletes selected for PSU's hall of fame
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