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Tag Archives: Bankruptcy

Judge approves Dodgers bankruptcy financing

WILMINGTON, Del. — A Delaware judge has authorized the Los Angeles Dodgers to enter into a $150 million bankruptcy financing arrangement after the club satisfied certain concerns raised by Major League Baseball. After trading sharply worded briefs over the proposed ...

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Cash-starved Dodgers file for bankruptcy protection

LOS ANGELES — Facing the painful prospect of stiffing players and employees, the Los Angeles Dodgers filed for bankruptcy protection in a Delaware court Monday, adding to off-the-field troubles that have hobbled one of baseball’s most storied franchises and setting ...

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Aurelius withdraws support of Washington Mutual bankruptcy plan

DOVER, Del. — Washington Mutual Inc.’s bankruptcy reorganization plan is now being challenged by a hedge fund that supported it. The plan is based on the settlement of lawsuits that pitted Washington Mutual, the Federal Deposit Insurance Corp. and JPMorgan ...

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State Sen. Colburn says Allen Foods bankruptcy devastating

CORDOVA — State Sen. Rich Colburn says the bankruptcy filing of Delaware’s Allen Family Foods is devastating news for his Eastern Shore district. Colburn says the poultry company, which filed for bankruptcy last week, is Talbot County’s second-largest employer behind Memorial ...

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Bankruptcy court finds DOMA unconstitutional

SAN FRANCISCO — The country’s largest consumer bankruptcy court has sided with a gay couple seeking to file a joint bankruptcy petition, taking the extraordinary step of deciding the federal law prohibiting same-sex marriages is unconstitutional. The Los Angeles-based court ...

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